Ventures of CLK Properties paid $8.3 million for 39 apartments in two Albany Park buildings, according to Cook County property records. The Woodbury, N.Y.-based investor acquired the buildings at 3634-48 and 3637-47 W. Montrose Ave. from affiliates of local developer Bart Przyjemski, who built them. The Przyjemski affiliates spent about $1.3 million in 2011 and 2013 acquiring the sites to develop the multi-unit buildings, the records show. He financed the project with $4.4 million in construction loans and later refinanced the properties with about $6 million in debt. Przyjemski and a CLK executive did not return calls. Kiser Group senior managing directors Bill Baumann and Mike Anguiano brokered the deal.
CLICK HERE for the full story.