Caton Commercial

Caton Commercial Real Estate Group

Medici Co-Living Group Reveals QUARTERS in Chicago

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A sneak peek of the terrace view of Chicago’s skyline from the new Quarters building at Fulton Market District f
Caton Commercial brokers attended a pre-opening event for Berlin-based Medici Co-Living Group  in preparation for the grand opening of their first Midwest-based co-living concept called QUARTERS  in late May 2018. The newest building is located at 171 Aberdeen in Chicago’s Fulton Market district. Caton Commercial‘s Steve Caton, Bill Caton, and Andy Velkme worked to secure the first Midwest location for Quarters and more locations across the nation. Quarters’ co-living concept, a new approach to targeted to young professionals, offers a move-in ready apartment space for 1-5 people overlooking the Chicago skyline.

From L to R: Caton Commercial’s Bill Caton, Christina Caton Kitchel, and Steve Caton, CCIM attended the pre-opening event of Berlin-based Medici Co-Living Group’s first Midwest co-living building.

On Thursday, April 26th, Caton Commercial’s Steve Caton, Bill Caton, Christina Caton Kitchel, and Andy Velkme  attended the special pre-opening event for Quarters, where Medici’s CEO Gunther Schmidt spoke on plans for the new location.

Medici Co-Living Group’s CEO Gunther Schmidt speaking on the pre-opening event last Thursday, April 26th, on the new opening of their first Chicago co-living building.

Click the video link below for your own tour of Quarters Co-Living location in Chicago’s Fulton neighborhood.

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

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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.

Invest Aurora: A look inside Downtown Aurora Arts Center Project

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Caton Commercial  brokers  Christina Caton Kitchel  and  Dana Nowaczyk were at the  Paramount Theatre  in downtown Aurora to preview the Aurora Arts Center.  Invest Aurora  and The Community Builders wished to thank the many people and organizations involved in the project, and to show what’s been accomplished to date. Kirk Albinson, president of The Community Builders said, “It’s a way to say thank you to the community and the stakeholders involved.”

Caton Commercial Real Estate Group  is working to secure the perfect restaurant group to fill the 4,000 SF space in the new development.

To read the full article, click here.

Coming Soon: NWC Weber & Renwick | DogHaus

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Caton Commercial  recently sold the lot at the northwest corner of Weber & Renwick roads in Crest Hill. Caton is pleased to announce that DogHaus, a California-based restaurant, will open in fall of 2018. Steve Caton, Andy Velkme, and Joe Herron of Caton Commercial were involved in the transaction.

DogHaus first opened their doors in California serving gourmet hot dogs, sausages, burgers, and fried chicken sandwiches. DogHaus is renowned for their use of King’s Hawaiian bread on their burgers and dogs. The California based burger joint opened three DogHaus locations here in Illinois; one in Rockford, one in Decatur, and the recently opened location in Lincoln Park. DogHaus plans to open their Romeoville location in fall of 2018.

Caton Commercial attends MIPIM

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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.

NEW LISTING – 24 Fully Improved Lots on Weber & Caton Farm Rds.

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Caton Commercial has acquired a new listing of 24 Fully Improved lots in Crest Hill, IL on the northeast corner of Weber Road and Caton Farm Road. The various lots for sale are surrounding and anchored by Menards Crest Hill branch, White Oak Library, and Firestone Tire and Rubber Company. The sale listing is represented by Steve Caton and Brian Blackmore. Overall, the lots are 49.15 salable acres of bank owned vacant land and the TIF district formed in December 2017. The lots are priced aggressively and all offers will be presented.

For more information, please contact Steve Caton and Brian Blackmore.

Click here to see the website listing.

SOLD – 1296 W. Boughton Rd., Bolingbrook

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SOLD – 1296 W. Boughton Rd., Bolingbrook

January 8, 2018

Caton Commercial has brokered the sale of 1296 W. Boughton Road in Bolingbrook. Under contract after only 38 days on market, the property closed in November, 2017 with a final sales price of $1,000,000; over the listing price. The seller was Swart Nec Association and was represented by Caton Commercial’s Steve Caton, CCIM and John Andrade. The buyer was Kaplan Papadakis Gournis and was represented by Mid-America’s Sean Bossy. This former Applebee’s restaurant will soon become a new location for ATI Physical Therapy.

Congratulations to the brokers!

SOLD – 33.9 AC SEC of Briggs & Bruce Rds.

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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 – 2121 Oneida, Joliet

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Caton Commercial Real Estate Group has sold 2121 Oneida in Joliet, a two-story professional/medical office building near the corner of Oneida St. and Hammes Ave.  This location falls midway between Presence Health’s Provena St. Joseph medical campus and Joliet West High School.

The property closed on July 13, 2016 at a sale price of $1,800,000. Caton Commercial’s  Randy Petri   was the only real estate broker involved in the sale. The seller was Triumph Real Estate Partnership  and the buyer was Red Brick Developers, LTD. The buyer intends to use office space in the building, which is a multi-tenant building. Any questions about this sale can be directed to Caton Commercial or Randy Petri.