WEST LOOP PROPERTIES SELL FOR COMBINED $1.9M

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CHICAGO — Sperry Van Ness has sold two West Loop properties, totaling $1.9 million, in Chicago. Scott Maesel represented the seller of 1328 W. Randolph, formerly known as the Weinstein Meatpacking Building. A private investor purchased the 14,700-square-foot building for about $1.1 million. Maesel also represented both parties in a transaction at 935 W. Randolph. The 7,200-square-foot former meatpacking building had housed the Jos. A. Baumgartner Co. since 1977. A private investment group purchased the property for $725,000 and will redevelop the building into a mixed-use property.

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