Aberdeen sells Fulton Market office building at 315-317 N Racine Ave for $27.5M ($292psf) to nonprofit end-user

  • 8/31/2026

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Highlights
Alpharus Health acquired 315-317 North Racine Street in Chicago's Fulton Market for $27.5 million.
Seller Joseph Panfil’s Aberdeen Development originally bought the 95,000-square-foot property for $2.8 million in 2006.
The transaction unwinds a complex debt structure cross-collateralized with Aberdeen's Southwest Side Pershing Road site and marks its first property sale since 2013.

Aberdeen Development
Joe Panfil | Founder/Principal/Broker

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