Marcus & Millichap announced the sale of 4752-4760 North Broadway Street in the Uptown neighborhood of Chicago. The property is a three-story mixed-use commercial building totaling approximately 16,000 square feet and anchored by Bank of America on the first floor. The asset sold for $2,850,000.
The property neighbors the Riviera Theatre and is one block west of the Lawrence Avenue CTA Transit Stop. Currently the property is vacant on the upper level floors.
Stephen Lieberman, from Marcus & Millichap’s Chicago downtown office, had the exclusive listing to market the property on behalf of the seller, a private investment group. Lake Pointe Apartments & Development Group, LLC purchased the investment and was secured and represented by Joseph Scheck and Steve Livaditis, from Marcus & Millichap’s Chicago O’Hare office.
