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CHICAGO — Newcastle Limited has purchased two properties in Chicago for $9.1 million. The 59-unit 525 West Stratford is a multifamily building located in Chicago's Lakeview neighborhood and 1200 West Granville is a mixed-use property with 32 units and 6,750 square feet of retail space. Newcastle plans to upgrade units, common areas and curb appeal at both properties. Jack Cassin and Bill Cassin of Chicago-based Apartment Investment Advisers represented the undisclosed seller in the transaction.