Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Six Corners Mixed Use, a 12,841-square foot retail property located in Chicago, IL, according to Steven D. Weinstock, Vice President/ Regional Manager of the firm’s Chicago Oak Brook office. The asset sold for $3,390,000.
Austin Weisenbeck and Sean R. Sharko, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
Six Corners Mixed Use is located at 4805 West Irving Park Road in Chicago, IL. The subject property is 100 percent leased to a mix of national and local tenants and also has one apartment unit on the second floor. The property underwent a full gut rehab in 2004 and the western portion of the building had a new roof installed within the last few years.
In addition to the strong credit tenants, this property is strategically located at the heart of Portage Park’s retail corridor, also known as Six Corners. Its irreplaceable location at the intersection of Irving Park, Cicero and Milwaukee Avenues provides high visibility of nearly 74,000 vehicles passing by the retail center every day.
