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Mixed-Use Building With Retail and Offices on Chicago’s North Side To Sell for Huge Discount

Local Firms Farpoint, Chicago Neighborhood Resources Win Auction for North Avenue Collection
Farpoint Development and Chicago Neighborhood Resources are buying the North Avenue Collection mixed-use building on Chicago's North Side. (Justin Schmidt/CoStar)
Farpoint Development and Chicago Neighborhood Resources are buying the North Avenue Collection mixed-use building on Chicago's North Side. (Justin Schmidt/CoStar)
CoStar News
February 27, 2024 | 7:46 P.M.

A group of Chicago investors has a deal to buy a North Side retail and office building for almost $21 million, less than a quarter of the previous sale price nearly two decades ago.

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