Caton Commercial

Bill Caton

Shoot Point Blank coming to Shorewood

by

Shoot Point Blank Shorewood is coming soon! Bill Caton, Owner and Managing Broker, of Caton Commercial Real Estate Group sold 4.17 acres at 19747 NE Frontage Rd in Shorewood to HGR Development LLC. The developer plans to open Shoot Point Blank  a retail store and shooting range that started in Cincinnati, Ohio   but now has multiple locations in different states. This will be the fourth Illinois location adding to their current locations in Naperville, Mokena, and Hodgkins.

Shoot Point Blank offers:

  • Indoor ranges designed for safety and comfort
  • The best stock of popular firearms and ammo always available
  • Climate controlled shooting lanes with triple HEPA filter ventilation
  • Range Safety Officers on staff in our ranges always
  • Free test fire on top name handguns and long guns
  • NRA-Certified instructors offering classes for all experience levels

$1.14B Investment in Co-Living Facilities with U.S. Expansion Plans

by

German property firms, Medici Living and Corestate Capital Holding SA, plan to invest $1.14 billion to develop their co-living facilities across Europe and the United States.

Young professionals that were priced out of major city housing markets are driving the demand for the co-living concept where tiny apartments are grouped around shared facilities such as dining areas, lounges, work spaces, laundry rooms and gyms.

Caton Commercial brokers, Bill Caton, CIPS, Steve Caton, CCIM, and Andy Velkme, CIPS will partner with Medici for site selections as they target U.S. cities for expansion. Medici Living currently operates two sites in New York and one in Chicago under their QUARTERS brand name.

Click here for full article.

CBS 2 News Features QUARTERS Co-Living Location in Chicago’s Fulton Neighborhood

by

CBS 2 News Chicago has featured the new QUARTERS co-living building in Chicago’s Fulton Market. Caton Commercial brokers Steve Caton, CCIM, Bill Caton, and Andy Velkme have partnered with The Medici Group to bring QUARTERS to the Midwestern United States. The co-living concept is gaining ground among millennials and others who wish to be in the heart of a CBD with plenty of nearby amenities, without shouldering the city’s rising rents.

To watch the full video, click here.

Caton Commercial Partners with Medici Group for Chicago Co-living Concept

by

Caton Commercial Real Estate Group is pleased to announce that brokers Steve Caton, CCIM, Bill Caton, and Andy Velkme are collaborating with German-based co-living company, Medici Living Group  in their Chicago expansion. Medici’s co-living concept Quarters, and its technology platform, allow members to rent furnished spaces including all utilities, through their smartphones, and instantly become plugged into an active community. Further, Quarters gives members the flexibility to move globally from one city to another.

In a recent Chicago Tribune article, Caton Commercial Real Estate Group receives mention, and co-living is further explained.

To read the full article, click here.

Caton Commercial attends MIPIM

by

Bill Caton,CIPS, Managing Partner, and Andy Velkme, CIPS and Senior Broker, of Caton Commercial Real Estate Group, just returned from the 2018 MIPIM Conference, held in Cannes, France. MIPIM is the world’s leading property exhibition forum and includes networking events and conference sessions. Bill and Andy were among more than 24,000 participants from 100 countries who attended. The event aims to promote international investment and to facilitate business between investors, corporate end-users, local authorities, hospitality/industrial/logistics professionals as well as other real estate professionals. Bill and Andy were proud to represent not only Caton Commercial, but also the Chicagoland area and the Midwest via the state of Illinois, in an effort to partner with International Investors and Developers.

Established in 1990,   MIPIM gathers the most influential international property players from the office, residential, retail, healthcare, sport, logistics, and industrial sectors for four days of networking, learning, and transaction. This year over 3,100 exhibiting companies from 100 countries attended. Bill Caton and Andy Velkme were among the 24,200 participants. Bill has been attending this conference for three years making connections, this was Andy’s first year. MIPIM is a great way to bring transactions from across the world back into Illinois. With so many countries under one roof, it was a great opportunity for Caton Commercial to sell Chicago.

SOLD – 33.9 AC SEC of Briggs & Bruce Rds.

by

Caton Commercial’s Bill Caton and Brian Blackmore have sold 33.9 AC at the SEC of Briggs & Bruce Roads in Lockport. The seller was Shiloh Baptist Church and First Midwest Bank as trustee. The purchaser was Senad Halilovic. The planned use of the property is a soccer/sports facility with multiple fields and parking. The purchase price was $460,000.

Congratulations to the brokers!

SOLD – 1100 Roosevelt Rd. Glen Ellyn

by

Caton Commercial Real Estate Group  has sold the property at 1100 Roosevelt Rd. in Glen Ellyn. The property closed in June, 2016 with a final sales price of $300,000. The seller was 2nd Generation Properties, Glen Ellyn, LLC. It was purchased by Combined Oil with the intention to develop the property as a new gas station. The adjacent property located at 1090 Roosevelt Rd. was also sold in 2014 by Caton Commercial  to a complementary user for the fuel station,  Dunkin Donuts. The Dunkin Donuts business is now open.

23841 W. Aero Ct. – SOLD!

by

Caton Commercial Real Estate has brokered the sale of 23841 W Aero Court in Plainfield, IL for $535,000. The 6,260-square-foot industrial warehouse is located in the Wolf Creek Industrial Park, just east of IL Route 59 and south of 119th Street. Bill Caton and Randy Petri of Caton Commercial has represented both buyer and seller in this transaction.

SOLD – 1911 Continental Dr., Naperville

by

Managing Broker, Bill Caton and Ron Swacker of Caton Commerical Real Estate Group have sold the 1.79 AC just west of IL-Rt 59 on North Aurora Rd. The property closed on March 31st, 2016 at a sales price of $400,000. Bank Asset Recovery Corp was the seller.

Simon Liang of Concentric Realty brought the buyer, Shao, LLC.

Currently in use as a parking lot, the property is slated for a multi-family development.