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Circa-1880 Industrial Changes Owners in Pilsen
Cawley Chicago recently completed the sale of a 64,000-square foot industrial building at 1600 S. Laflin St. in the West Side’s Pilsen neighborhood. Terms of the sale weren’t disclosed.
Principals Frank Melchert and Doug Hayes marketed the property on behalf of the seller. The buyer was represented by VP Stevan Arandjelovic, also with Cawley Chicago.
“The building was built in 1883 and purchased by the seller’s family in the mid-1950s,” said Melcher. “We are pleased the buyer intends to breathe new life back into the building, and we look forward to the transformation that will take place over the next few years.”
- ◦Sale/Acquisition