Draper and Kramer Breaks Ground on 2111 S. Wabash in McCormick Square Area of Chicago’s South Loop

Draper and Kramer, Incorporated, today announced it has started construction on 2111 S. Wabash Ave., a 24-story, 275-unit building in the McCormick Square area of Chicago’s South Loop. Located less than one block from the CTA’s Cermak/McCormick Place Green Line station, the transit-oriented development will offer residents a convenient location just a five-minute train ride … Continued

Pre-Leasing Underway at 61 Banks Street in Chicago’s Gold Coast

Draper and Kramer, Incorporated, today announced that pre-leasing is underway for 61 Banks Street, an eight-story, 58-unit boutique rental building at Banks Street and Lake Shore Drive that fills the last undeveloped lakefront parcel in Chicago’s premier Gold Coast neighborhood. First move-ins are expected to take place this May. “Chicago’s Lake Michigan frontage between Oak … Continued

Draper and Kramer Acquires 180-Unit Luxury Rental Community in Schaumburg

Chicago-based Draper and Kramer, Incorporated, today announced it has expanded its Chicago-area portfolio with the acquisition of North 680, a recently built 180-unit luxury rental community in Schaumburg, Ill. The property was purchased by Draper and Kramer as part of a 1031 exchange following the firm’s sale of Fieldpointe of St. Louis, a 318-unit community … Continued

Draper and Kramer and Intercontinental Acquire 298-Unit Apartment Community in Chicago’s Printers Row

Chicago-based Draper and Kramer, Incorporated, along with equity partner Intercontinental Real Estate Corporation, has expanded its Chicago-area portfolio with the acquisition of Burnham Pointe, a 28-story, 298-unit rental building in Chicago’s Printers Row neighborhood. The off-market transaction was brokered by the Chicago office of HFF. Terms of the acquisition were not disclosed. Located at 730 … Continued

Draper and Kramer Welcomes City of Chicago’s First Culver’s at Lake Meadows Market

Full-service real estate firm Draper and Kramer, Incorporated, is proud to announce its Lake Meadows Market retail center in Chicago’s Bronzeville neighborhood is home to the City of Chicago’s first Culver’s. The restaurant’s grand opening was celebrated during a Jan. 23 ribbon-cutting with franchise owner Baron Waller, Culver’s Co-Founder Craig Culver, Culver’s President and CEO … Continued

Draper and Kramer Breaks Ground on 61 Banks Street in Chicago’s Gold Coast

Draper and Kramer, Incorporated, has started construction on 61 Banks Street, a new boutique residential rental building along Chicago’s lakefront. The intimate eight-story property, which will grace the last undeveloped site on North Lake Shore Drive in the Gold Coast neighborhood, will feature a mix of 58 upscale two- and three-bedroom residences, including seven two-story … Continued

Draper and Kramer Rebrands Village Park of Palatine as The Clayson Amid $8.25 Million Renovation

Village Park of Palatine, a 448-unit apartment community in Palatine, Ill., is getting a new name and look following its acquisition earlier this year by Chicago-based Draper and Kramer, Incorporated. The full-service real estate firm today announced it has commenced an $8.25 million renovation of the community, which has been rebranded as The Clayson in a nod to the late George Clayson, an early Palatine resident and former village board member.  … Continued

Draper and Kramer Acquires 3-Acre Commercial Development Parcel in Park Ridge, Ill.

Draper and Kramer, Incorporated, a full-service national real estate firm, announces it has closed on the purchase of a 3-acre commercial development parcel located in Park Ridge, Ill., at the corner of Greenwood Avenue and Busse Highway. The firm was self-represented in the transaction, while the seller, the American Society of Anesthesiologists, was represented by Paul Buckingham … Continued