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Real Estate Rumors: L3 Capital, Ocean Bank, Marx

By Andrew McIntyre (April 11, 2016, 4:31 PM EDT) -- Chicago developer L3 Capital LLC has purchased a bar on West Weed Street in Chicago for $9.3 million, according to a report on Monday from Crain's Chicago Business Journal. The firm has purchased the 16,500-square-foot Joe's Bar at 940 W. Weed St. from a venture that includes Tom DiSanto and Ed Warm, the journal said. The property last traded hands in 2005 for $3 million, Crain's said, citing public records....

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