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Marcus & Millichap sells 20,000-square-foot office property in Chicago suburb

Staff Writer April 5, 2017
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Marcus & Millichap Real Estate Investment Services recently closed the sale of Emerson Mixed Use, a 20,247-square-foot office property located in Evanston, Ill.

The asset sold for $2.66 million.

Alvin Mansour, John Abuja and Howard Wiese, investment specialists in Marcus & Millichap’s Chicago Downtown and O’Hare offices, had the exclusive listing to market the property on behalf of the seller, a private investor/developer.  The buyer, a limited liability company, was secured and represented by Stephen Lieberman, an investment specialist in Marcus & Millichap’s Chicago Downtown office.

Emerson Mixed Use is located at 1123-1131 Emerson Street in Evanston.  The asset has 12,955 square feet of street-level retail space, and the second floor contains about 7,292 square feet of divided executive office space.

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