2 condo boards sell buildings for deconversion to rentals (IL)

The condo boards of two North Side buildings sold their properties for deconversion to apartments, with the combined 34 units going for nearly $12.2 million.  JAB Real Estate paid $4.87 million on July 13 for a 15-unit corner building at Racine and Cornelia avenues in Lakeview and $7.3 million about a week later for a 19-unit building on Lill Street in Lincoln Park, according to Frank Campise, a JAB principal.    Read the article………….