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05:00 AM EST Share Company Vice President Elias Hionides said the two second-floor apartments at the East Adams Street building could be ready by summer. Developer and property manager Petra bought a two-story retail and residential building at 29 E. Adams St. Downtown on Jan. 6 for $500,000, according to company vice president Elias Hionides. Petra plans a $100,000 investment in cosmetic renovations to the two second-floor apartments. Hionides said Jan. 6 the three-bedroom market-rate units will be ready to rent by summer. He said the ground floor will remain retail space and Petra intends to maintain the architectural features including the exterior archway. The 9,500-square-foot building was developed in 1914 and designed by architect Henry John Klutho. ....