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MidwestCRE

Baum Realty Group sells MCM Plaza

Staff Writer April 5, 2017
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Danny Spitz and Greg Dietz of Baum Realty Group recently sold a trophy mixed use property, MCM Plaza, located at 1500 N. Damen Ave. in the Bucktown/Wicker Park neighborhood of Chicago for $13.2 million.

The property sits on an acre of land and includes more than 18,000 square feet of retail and 18 two-bed/two-bath apartments. The retail is anchored by PNC Bank and 7-11 with a mix of local and regional tenants. The quick cash transaction was a sold to Newcastle Limited, a Chicago-based institutional real estate company.

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