Jaime Javors Acquires Fulton Market Industrial Building For $12.6M

An industrial building located at 900-914 West Fulton Market in Chicago was sold for $12.6 million. The landmarked property will undergo a mixed-use development, featuring retail and residential units. The project, designed by NORR, includes demolishing one building, restoring another, and preserving a facade to create a five-story structure with set-back floors.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $12,600,000
• Buyer: Jaime “Jay” Javors - Midwest Property Group
• Seller: Louis Schriber III - Shorewood Development
• Lender: Hinsdale Bank & Trust

Jaime “Jay” Javors of Midwest Property Group acquired the industrial building from Shorewood Development. The landmarked Fulton Market property will be transformed into a mixed-use development under Javors' ownership, with plans for retail and residential units.