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CLK Properties proudly announces the acquisition of 5101-5115 Sheridan Rd.
The deal consists of three adjacent buildings, totaling 216 units situated one block from Lake Michigan, on Sheridan Rd and Foster Ave. A prime northside Chicago location on the borders of Chicago’s highly desirable Uptown & Edgewater submarkets.
CLK CEO Craig Koenigsberg commented “I am extremely excited about this acquisition. In addition to offering an excellent location one block from Lake Michigan, we plan to fully renovate each building, inside-and-out, to provide residents with high-end finishes with in-unit washer/dryers and best in-class building amenities. This is an exciting project for CLK and the finished product will stand out from its competition.”
CLK Properties expanded into Chicago in 2014 and, since then, acquired over 1,316+ units throughout 35 multifamily properties plus an additional 304,000 SF of prime retail and office space within 7 assets.
CLK Properties is a New York based, privately held, diversified owner/operator of multifamily, commercial and retail investment properties.