In the News

Improving the Value of Your Property Through Management

A smiling businessman
Submitted on October 22, 2018
One of the biggest, and often overlooked, ways to increase the value of an investment property is through effective property management. Even if you are a completely hands-on landlord, you should still consider hiring an experienced property management company. The increase in the value of your rental property will easily outweigh the expense of property management fees.
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Helping Small Businesses Navigate Rising Costs of Rent

Chicago's Wicker Park neighborhood
Submitted on October 5, 2018
Before they became some of the biggest commercial corridors in Chicago, neighborhoods like Fulton Market, Bucktown/Wicker Park, and Southport Corridor were filled with local businesses.
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Michael Mintz Sells Fully Leased Mixed-Use Building in Pilsen for $1.5 Million

Mixed-use building in Pilsen sold by Millennium Properties
Submitted on October 1, 2018
Today, Millennium Properties announced that Michael Mintz recently brokered the sale of a fully leased mixed-use building on 18th St. in Pilsen. The building, located at 1316 W. 198th St., features a 1,600 SF storefront that is leased to Furious Spoon plus six condo-quality apartments.
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The Value of Hiring a Property Management Company

Clients shaking hands
Submitted on September 24, 2018
Hiring a property management company can make a world of difference for tenants and owners, while benefiting the managed properties themselves. Property managers bring financial and administrative oversight to a property and can add significantly to the upkeep of a property.
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Millennium Properties Hires Vince Pine as Vice President and Broker

Vince Pine, broker for Millennium Properties
Submitted on July 23, 2018
Vince Pine joined Millennium Properties as Vice President and member of the company's commercial brokerage team. Before joining Millennium Properties, Vince worked as an attorney focused on all aspects of commercial real estate. He assisted a variety of businesses in the leasing, acquisition and sale of over $1 billion of transactions.
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Greg Block Sells Co-Working Office in the Loop to Expanding Office Firm

Turn-key co-working office space sold in the Central Loop
Submitted on July 16, 2018
Today, Millennium Properties announced that Greg Block recently sold a 14,383 square foot office condo for $2.65 million to Rent24, a European co-working firm. The condo, located at 9 W. Washington, features a recently updated co-working space with a mix of desk stations, private office suites and conference rooms. This space is Rent24’s third location since it entered Chicago in May 2018.
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Client-focused Common Area Maintenance (CAM) by Millennium Properties

Submitted on May 2, 2018
When Millennium Properties manages a property, we make sure that our owners are taken care of, and that they understand our processes. We value the confidence and loyalty that our clients place in us. Our approach to top-notch management, communication and common-area management is unprecedented.
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Auction Expanded and Bid Deadline Extended

Office, industrial and mixed-use properties available at auction
Submitted on March 28, 2018
Our spring auction has been extended and expanded! Two new properties were added to the sealed bid auction and all bids are now due on May 17th! We have stabilized and value-add properties, perfect for a user or investor.
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MPI Recognized for Excellence in Commercial Real Estate

Millennium Properties wins Sales and Leasing Awards
Submitted on March 27, 2018
The brokers at Millennium Properties were recognized by the Chicago Association of Realtors for our sales and leasing activity in 2017. Our brokers won for leasing and selling industrial, office and retail properties throughout Chicagoland.
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Turnaround Management Association Recognizes Susan Silver with Award

Turnaround Management Association Recognizes Susan Silver with Award
Submitted on December 12, 2017
Susan Silver was recently awarded the Small Transaction of the Year by the Turnaround Management Association. Ms. Silver worked on the marketing and sale of a light industrial building and two land sites located in Chicago’s Kinzie Industrial Corridor.
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