Highlights for April 14, 2009

Transactions

A venture of Chicago investor Christopher Lorenzen paid more than $3.3 million for the Carpenter House at 921 N. Dearborn St., buying it from a joint venture of two Chicago firms: Enterprise Cos. and Mesirow Financial Real Estate Inc. The 12,114-square-foot mansion, which was built in 1891 and designed by architects Treat & Foltz, was once owned by the Scottish Rite fraternal organization.

Foreclosures

Bank of Lincolnwood is seeking to collect almost $3.4 million on an apartment building in West Town owned by a venture of Chicago developer Alex Nakonechy. The venture paid $2.2 million in 2006 for the 20-unit structure, 1501 N. California Ave., according to data provider CoStar Group Inc. Mr. Nakonechy, who last year proposed an indoor golf driving range on the Near West Side, could not be reached for comment.

Construction Pipeline

The North American division of liquor giant Diageo PLC is planning a 44,000-square-foot expansion of its existing 455,000-square-foot facility at 24440 W 143rd St. in southwest suburban Plainfield, where the company makes Smirnoff Vodka. Construction is scheduled to start in May. Headquartered in London, Diageo's brands also include Guinness, Bailey's and Captain Morgan.

Mortgages

A venture of Arlington Heights real estate firm Stone Investment LLC has obtained a $12.5-million loan on a small Humboldt Park apartment building and a far north suburban bowling alley. The loan, issued by Schaumburg-based American Chartered Bank, is secured by a 10-unit apartment building at 1048 N. Spaulding Ave. in Chicago and Pinsters Bowl & Bar at 1646 Sheridan Road in Zion. Stone President Jeffrey Oleksinski declines to comment on the details of the mortgage.

For more public records, along with foreclosure maps and Crain's lists, go to our main public records page.