Homer Glen

Homer Glen, IL · Real Estate
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Logistics Property Company closes on 74-acre industrial site in Joliet
Logistics Property Company, LLC closed on a 74-acre site at 23960 South Houbolt Road in Joliet, Illinois. Located in the I-80 corridor, the site offers immediate proximity to BNSF’s Logistics Park Chicago Intermodal and Union Pacific’s Global 4 Intermodal Terminal. Together, the two terminals form the largest inland port in North America, providing one-day drayage access to more than 40% of the United States population.
chicagostarmedia.com
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Joliet Set for 1.3 Million-Square-Foot Warehouse as Region's Industrial Boom Rolls On
A developer is planning a nearly 1.3 million-square-foot warehouse on a 74-acre site southwest of Chicago, adding another massive project to an industrial pipeline that keeps growing in Joliet, Illinois. Logistics Property Company's planned facility at 23960 South Houbolt Road would total 1,279,700 square feet. The project adds to an...
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Block Club Chicago
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Cunat Launches $56M DST Offering for 540-Unit MF in McHenry
Cunat, Inc. announced the launch of Cunat Exchange X DST, which is seeking to raise $56.17 million. The DST owns The Residence of Fox Meadows, a newly developed 540-unit multifamily community in McHenry, Illinois, approximately 50 miles northwest of Chicago. Cunat developed The Residence of Fox Meadows and sold the property to the DST for $135 million. The 18-building community sits on approximately 37 acres and was 97.5% occupied.
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North Center's 4309 N. Lincoln Gets Brick, Glass and Balconies, Still a Mystery Inside
4309 N. Lincoln Ave. — Approximate Site of 12-Unit Residential Project. A four-story, 12-unit residential building rising at 4309 North Lincoln Avenue in North Center has reached a visible milestone: brickwork, glass installation and balconies are now complete on its residential floors. The ground-floor commercial space, however, remains an unfinished shell, with plenty of work still ahead before the project is ready for tenants.
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Loop Hotel Lender Sues to Halt LaSalle Street Apartment Conversion Above JW Marriott
The company managing the debt on Chicago's JW Marriott hotel has gone to court to stop construction crews from converting the office floors above it into apartments, after a power mishap allegedly knocked out the hotel's phones for more than four hours during a crunch of checkouts and check-ins. Torchlight Loan Services filed suit against developer Prime Group in Cook County Circuit Court, asking a judge to freeze work at 208 S. LaSalle until Prime secures the hotel's consent.