Real Estate

Church Street Office Building Sells for $30 Million

Venture makes a huge profit on Helmut Jahn designed structure.

EVANSTON, IL - An office building on Church Street in Evanston recently sold for $30 million, according to a Crain’s Chicago report.

The sale price is more than triple the amount that the venture of Farbman Group and Lubert-Adler Partners paid for it in 2014. Once complete, the building at 1007 Church Street will be in the hands of FD Stonewater, a real estate investor.

The 155,652 square foot building was designed by world-renowned architect Helmut Jahn.

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