Rye Firm Lands $9.5M for Chicago Real Estate Asset

(PHOTO: Sold! 4621-25 N. Lincoln Avenue in Chicago was sold by Pioneer Acquisitions LLC in Rye.)

Rye based real estate investment firm Pioneer Acquisitions LLC, located at 43 Purchase Street, above Palmer & Purchase, has sold one of its Chicago assets.

The firm landed a $9.5 million sale for a 29-unit mixed-use building with 25 apartments and four ground-floor retail spaces at 4621-25 N. Lincoln Avenue and a 16-unit rental community at 2243-51 W. Eastwood Avenue.

Read more at RE Journals.