Bowling alley apartments score $32.5M in West Loop

The bowling-alley configuration of apartments at the recently renovated 13Thirteen didn’t deter an institutional investor from ponying up $32.5 million for the 74-unit West Loop building. Crain’s Chicago Real Estate Daily reported the sale yesterday.

Will renters continue to spare the dollars for this location, or will they go on strike and split for the more than 1,000 new apartments opening this year and next further east in the West Loop. Did the new buyer roll a gutter ball here?

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