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MidwestCRE

Marcus & Millichap arranges sale of 34,875-square-foot mixed-use property

Staff Writer April 5, 2017
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Marcus & Millichap Real Estate Investment Services has completed the sale of 2157 N. Damen Ave., a 34,875-square-foot mixed-use property located in Chicago. The asset sold for more than $9.7 million.

Steve Livaditis and Kyle Stengle, investment specialists in Marcus & Millichap’s Chicago-area offices, had the exclusive listing to market the property on behalf of the seller, a limited liability company.  The buyer was also secured and represented by Stengle and Livaditis.

The property is located in Chicago’s Bucktown neighborhood.  All of the apartments are two bedroom/two bath units and the apartment layouts are extremely spacious with ample closet space, fireplaces and hardwood floors throughout. All units have spacious balconies with city views. Tenants have access to a climate-controlled indoor garage that houses 31 parking spaces with two additional handicap accessible spaces and 17 outdoor parking spaces.

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