Marcus & Millichap brokered the sale of a five-suite retail property at 600 S. Dearborn St. in Chicago for $4.1 million.
Mark Krantz and Derrick Dougherty, investment specialists in Marcus & Millichap’s Philadelphia office, procured the buyer, a Washington, D.C.-based private investor. The agents worked with Steve Filippo, capital markets specialist with Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap. Steven Weinstock is the firm’s broker of record in Illinois.
Located at the intersection of South Dearborn and West Harrison streets in Chicago’s Loop, the property totals 12,132 square feet of ground-floor retail space within the historic Transportation Building. Fully leased to a mix of five established tenants, including 7-Eleven and Sofi Restaurant, the asset benefits from strong foot traffic, proximity to major transit lines and dense residential and office populations.
