Marcus & Millichap announced today the sale of Kedzie Plaza, a 73,876-square foot multi-tenant retail property located in Chicago, Illinois. The asset sold for $5,225,000.
Adrian Mendoza, first vice president, along with Austin Weisenbeck and Sean Sharko, senior managing directors, all investment specialists in Marcus & Millichap’s Chicago Oak Brook office, sourced this off market opportunity for a repeat client, a local high net worth private investor.
Kedzie Plaza is located at 4725 S. Kedzie Ave. in Chicago, Illinois, located on a stoplight, hard-corner intersection. Kedzie Plaza has a strong mix of national and local tenants, including Dunkin’, Metro by T-Mobile, Subway, Domino’s Pizza, Sally Beauty and more. The center is situated adjacent to Pete’s Fresh Market grocery store and O’Reilly’s Auto Parts.
