In the News

Infill Industrial Buildings at 3029 & 3057 Rockwell
Submitted on November 12, 2013
Millennium Properties R/E, serving as the exclusive advisor to the lender, recently completed the sale of two infill industrial properties totaling 177,707 square feet. 3029 and 3057 N. Rockwell were sold as a portfolio to a property management and development company.
Read More about MPI Sells 2 Infill Industrial Buildings on Chicago’s North Side
4,970 SF Gold Coast Commercial Condo
Submitted on October 22, 2013
Millennium Properties recently sold an eco-friendly commercial condo in the Gold Coast for $1.1 million. Located at the base of 1250 N. LaSalle, an 18-story residential condo tower, the 4,970 square foot unit occupies the first three floors and is the only commercial unit in the building. Millennium previously sold the unit in 2005 as a concrete shell to a medical spa company.
Read More about MPI Sells Gold Coast Commercial Condo for $1.1 Million
Submitted on October 15, 2013
As part of its continuing rapid growth, Millennium Properties has hired Chet Evans as a vice president to expand the company’s property management and brokerage services. With 10 years of industry experience, Mr. Evans has extensive knowledge of residential and commercial markets, transactional expertise and property management skills that will be a great asset as Millennium expands its service lines.
Read More about Millennium Properties Hires Chet Evans as Vice President
Submitted on October 7, 2013
Millennium Properties announced that it recently appointed Ann Kowalski as the company’s controller as part of its on-going, company-wide expansion. Ms. Kowalski has more than 20 years of experience and accounting, allowing Millennium Properties to strengthen its accounting and finance department to better support the growing brokerage and property management services.
Read More about Millennium Properties Hires New Controller
Submitted on September 24, 2013
Millennium Properties R/E announced the completion of the sale of 24 properties at from its Summer REO Auction. All 24 of the properties closed significantly above their minimum bid prices. Properties sold at the auction included an office condo in Oak Brook, a commercial building in downtown Skokie, two leased residential condos in the Logan Square neighborhood, as well as several residential land sites. An addition, a 3.98 acre development site at a highly visible corner in the Quad Cities is under contract.
Read More about Millennium Properties Sells 24 Properties at Summer REO Auction
Eight Unit Multi-Family Building in Park Ridge
Submitted on August 23, 2013
Millennium Properties R/E recently completed the sale of an eight-unit apartment complex at 1 N. Hamlin in Park Ridge, at a price of approximately $150,000 per unit. Situated on the corner of Hamlin and Touhy, the 12,200 square foot building generates more that $100,000 in annual rent.
Read More about MPI Sells Fully Leased Multi-Family Complex in Park Ridge
Metro Place Development Site
Submitted on June 13, 2013
Millennium Properties recently completed the sale of a 4.67 acre infill development site in the Little Italy/UIC neighborhood for $1.06 million. The first development phase of Metro Place, consisting of 17 single family homes and a six unit condo building, was completed between 2006 and 2009. The new owner, Eco Development Inc., intends to complete the remaining two phases adding 14 single-family homes, 59 townhomes, and nine six-flat condo buildings.
Read More about MPI Sells Residential Development Site in Tri-Taylor Neighborhood for $1.06 Million
200600 Governors Hwy, a value-add office building largely occupied by medical users
Submitted on April 18, 2013
Millennium Properties recently completed the sale of two bank owned office buildings within Governors Park, a well-established business park in south suburban Olympia Fields. The two three-story buildings, 3615 Park Dr. and 20060 Governors Highway, total more than 59,000 square feet and have a number of medical office tenants.
Read More about MPI Sells Two Value-Add Office Buildings in Olympia Fields


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