Located in Cook County, Illinois, the Terrace of Elk Grove Village Condominium Associations were sold on January 31, 2022.

Sold for $55,750,000, this transaction encompassed the Terrace of Elk Grove Village Master Association and eight condominium buildings, including:

902 Ridge Square Condominium Association
904 Ridge Square Condominium Association
906 Ridge Square Condominium Association
912 Ridge Square Condominium Association
914 Ridge Square … Read More ›

Located in the heart of Chicago near Millennium Park, Field Harbor Parking Condominium Association (FHP) was sold on October 5, 2021 in one of the most recent “deconversion” sales in the city.   This transaction encompasses 407 individually deeded parking spaces in the Lakeshore East area. KSN handled the closing of this private, indoor, and fully … Read More ›

As the demand for rental units has increased over the last few years, the transactions commonly referred to as “condominium deconversions” or “condominium terminations” have become more commonplace.

Condominium deconversion or condominium termination transactions involve an investor (ex. real estate developer) who purchases all of the units in an association from the individual owners, and then … Read More ›

Located in Chicago’s Lakeview neighborhood, Barry Quadrangle Condominium Association was sold on April 13, 2021 and will be converted into apartments. Purchased for $32.3 million, this transaction encompasses three condominium buildings. KSN handled the closing of this 115 residential unit condominium association deal during a peak real estate boom and coronavirus pandemic.

The sale of all … Read More ›