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Apartment investor buys South Loop office building

from Crain's Chicago Business

Apartment investor Marc Realty Residential LLC paid $4.7 million for a vacant seven-story office building in the South Loop, a property poised for conversion to housing. An affiliate of the Chicago-based company acquired the 146,088-square-foot loft building at 2036 S. Michigan Ave., once home to a Studebaker showroom. more

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