MATTESON, ILL. — Tutera Senior Living & Health Care has acquired a 75-unit seniors housing community in Matteson, about 30 miles south of Chicago, for an undisclosed price. Built in 2021 for $21 million, the property formerly operated under the name Alexi Senior Living before closing in 2022. Tutera plans to make improvements to the community and reopen it as Ridgeland Senior Living this spring. Situated on 5.5 acres, the 81,589-square-foot development features 55 assisted living units and 20 memory care residences. Amenities at the property will include a restaurant-style dining room; poker area and art studio; barbershop, beauty salon and spa; therapy room and gym; movie theater, library and chapel; bistro; courtyard with walking paths; and common areas. The acquisition brings Tutera’s portfolio to 77 communities operated across 10 states.
CHICAGO — Urban Innovations has completed a retail build-out for Baggu at 1639 N. Damen Ave. in Chicago’s Bucktown neighborhood. Urban Innovations gutted the 1,960-square-foot space and installed a new storage room, restroom and back-of-house office space for staff. The main store has new millwork shelving, a custom-built checkout desk, penny tile flooring, track lighting and merchandise paneling to display bags and other items for sale. The project team also completed new exterior signage. Haddock Studio designed the space for the tenant, and Jenel Real Estate owns the building. Baggu gained popularity on the internet for its unique reusable bags.
CRYSTAL LAKE, ILL. — Entre Commercial Realty has brokered the sale of a 17,200-square-foot industrial building located at 110 East St. in the Chicago suburb of Crystal Lake. The sales price was undisclosed. The freestanding property features a clear height of 18 feet, nine drive-in doors, ample parking and the potential for outside storage. The facility previously served as the headquarters of Fishstone Concrete Supply, a concrete product supplier. The buyer, RPM Building Solutions, plans to establish its new headquarters at the location. Elisabeth Lazzara, Mike DeSerto and Cory Kay of Entre were the sole brokers in the transaction.
WOODRIDGE, ILL. — Red Mountain Group Inc. has acquired Woodridge Plaza, a 50,809-square-foot neighborhood retail center in the Chicago suburb of Woodridge. The purchase price was undisclosed. Anchor tenants include Walgreens, Dunkin’ and Anytime Fitness, which is opening soon. There is also a 7-Eleven gas station. Red Mountain Group plans to make immediate improvements to enhance the property’s aesthetic appeal and functionality.
ALSIP, ILL. — Quantum Real Estate Advisors Inc. has negotiated the sale of a roughly 43,000-square-foot flex industrial property in Alsip for an undisclosed price. Located at 4800-4824 129th St., the property was fully leased to a mix of local tenants at the time of sale. Dan Waszak of Quantum represented the buyer, a Cincinnati-based investor. Joseph Coombes of Market Commercial Real Estate represented the seller, an Indianapolis-based group.
ROSELLE, ILL. — Rieder NA, a manufacturer of concrete facades, has signed a 30,300-square-foot industrial lease at 20 Presidential Drive in Roselle within the North DuPage submarket. Jeff Janda and Mike Plumb of Lee & Associates of Illinois represented Tripar International Inc., which owns and occupies the rest of the 63,978-square-foot building. David Haigh of NAI Hiffman represented the tenant.
BUFFALO GROVE, VERNON HILLS AND ELGIN, ILL. — Westmount Realty Capital has sold a light industrial portfolio in metro Chicago comprising 17 buildings and 925,391 square feet. The portfolio is located within the Lake County and Northern Fox Valley submarkets. Westmount owned and managed the assets for over five years. There are 13 assets in Buffalo Grove and Vernon Hills as well as four properties in Elgin. At the time of sale, the portfolio was 94 percent leased to 154 tenants. New leases with notable tenants included Volkswagen, Subaru of America, Blackjack Lighting, Nexus Pharmaceuticals and American Molecular. Constructed between the late 1980s and early 2000s, the buildings feature an average office finish of approximately 50 percent. Over $6.5 million in total building improvements were completed during the hold period, including modification to reduce office area to meet the demand of the market. The buyer and sales price were undisclosed. Westmount owns and manages 51 buildings totaling nearly 5 million square feet throughout the Chicago market.
WHEELING, ILL. — Principle Construction has completed the renovation of the Heartland Animal Shelter, which was damaged by a water main break in June 2024. The 8,205-square-foot facility is located at 586 Palwaukee Drive in the Chicago suburb of Wheeling. The shelter provides a temporary home for over 100 animals as they await adoption or fostering. The renovation project included a 601-square-foot office, 850-square-foot surgery room, 66 square-foot donation room and parking for 23 vehicles. During the flood, the shelter’s animals were cared for in foster homes. Heartland Animal Shelter is a no-kill shelter with a 96 percent adoption rate. Designhaus was the project architect.
CHICAGO — Habitat has completed the lease-up of OC Living Phase I, the first residential building within the $200 million Ogden Commons community in Chicago’s North Lawndale neighborhood. Located at 1325 S. Washtenaw Ave., the building features 92 units, 90 percent of which are affordable, including 37 Chicago Housing Authority (CHA) units. Simultaneously, Habitat has closed financing and finalized a 75-year ground lease for OC Living Phase II at nearby 1312 S. Talman Ave. The $38 million building is scheduled to open in the second quarter of 2026, delivering an additional 75 units with 76 percent of them reserved as affordable housing, including 30 CHA-designated residences. Site preparation is underway. Amenities will include a children’s tot lot, bike racks, walking path, package room, resident lounge, fitness center and bike room. A planned third phase of OC Living is expected to feature townhome and multi-flat units, which will feature larger units designed for families. Habitat intends to break ground on Phase III in the second half of 2026 or early 2027. Once completed, Ogden Commons will feature 120,000 square feet of commercial and retail space with more than 350 mixed-income housing units. Designed by Habitat, along with Sinai Chicago and the …
NAPERVILLE, ILL. — Activate, an interactive gaming facility featuring a blend of physical activity and gaming experience, has signed a lease to open at Fox River Commons shopping center in the Chicago suburb of Naperville. The lease marks the second location in the greater Chicago area for Activate. In partnership with Sounds Fun Entertainment, Activate currently operates more than 40 locations across the United States and Canada. Activate consists of 14 separate game rooms in which participants are tasked with conquering an experience that lasts about 75 minutes. The tenant signed a lease with property owner Continental Realty Corp. (CRC) for nearly 12,000 square feet at Fox River Commons and plans to open this spring. Kristin Perry of CRC and Brooke Spinell of Mid-America Real Estate represented the landlord in the lease, while Courtney Waldon of Braden Real Estate represented the tenant. Activate also plans to open its third Illinois facility in the River North area next year.
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