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U. of Chicago Buys Former Borders in Hyde Park

Bookstore Trades for $6 Million
By Charlie Schwieger
August 10, 2011 | 8:53 P.M.

Continuing on a recent trend, The University of Chicago purchased another property in the Hyde Park area of Chicago. Roy D. Gottlieb & Associates sold 1539 E. 53rd St. in an all cash deal for nearly $6.27 million or $260 per square foot.

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