Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications

Marcus & Millichap arrange sale of $3.38 million mixed-use structure in Chicago

January 8, 2018
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Marcus & Millichap announced the sale of 3452 N. Southport Avenue, a mixed-use building located in the Lakeview neighborhood of Chicago. The asset sold for $3,380,000, equating more than $550 per square foot.

“This newly constructed, high-end property is located on what is referred to as the Southport Corridor, the quickest growing retail corridor in the city,” said Kyle Stengle, a senior vice president investments in Marcus & Millichap’s Chicago downtown office. “National retailers demand these few blocks due to the proximity to immediate area demographics, public transit options, entertainment options and Wrigley Field.”

Stengle represented the seller, a local Chicago developer. The buyer was an international private investor.

3452 N. Southport Avenue is a 6,100-square foot mixed-use building consisting of one retail tenant, Hanna Andersson, on the ground floor with three apartments above. The new construction apartments feature quartz countertops, stainless steel appliances and hardwood floors throughout. The apartments have large front decks with views of the Southport Corridor and the skyline.

Tags
Marcus & MillichapMixed-use
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IndianaIndustrial

The Opus Group begins construction of spec industrial building in Northwest Indiana

June 6, 2023
IllinoisIndustrial

Demand, sustainability and automation: A Q&A with Prologis

Mia GoulartJune 6, 2023
OhioCRE

Marcus & Millichap names SVP of investments in Columbus

June 6, 2023
MissouriCRE

Kansas City’s VanTrust Real Estate launches science and technology division

June 6, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com