Case Studies
Pilsen Park Chicago
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Pilsen Park Chicago

1314 W. Randolph Street

FLEX | FULTON MARKET

Project Overview

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1314 W. Randolph was formerly owned and occupied by Prairie Events – a full service event venue and photography studio. The property consists of a 9,700 SF building on 16,479 SF of land. NelsonHill was hired by ownership to market the property to luxury residential and office development firms.

Mark Nelson, SIOR & Michael Nelson, SIOR launched an aggressive marketing campaign creating vision for a new vertical
development. After fielding multiple offers, NelsonHill consulted ownership to select the strongest buyer at the most competitive terms. The purchaser paid $8,500,000 for the property ($515 PSF, which is a record sale price in the 1300 block of Randolph.)