Marcus & Millichap Real Estate Investment Services has sold 1165 – 1167 Wilmette Ave., a 9,031-square-foot mixed-use property located in Wilmette. The asset commanded a sales price of $1.7 million.
Stephen Rachman, an investment specialist in Marcus & Millichap’s Chicago downtown office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a private investor, was secured and represented by Joe Smazal and James Clough, investment specialists in Marcus & Millichap’s Chicago downtown office.
The property is a mixed-use building with retail and office tenants located at the signalized intersection of Wilmette and Central avenues in the heart of downtown Wilmette, just a short walk to the Metra train station.
