Marcus & Millichap Real Estate Investment Services has announced the sale of Harlem Plaza, a 5,788-square-foot shopping strip located in Chicago, according to Steven Weinstock, regional manager of the firm’s Oak Brook office. The asset commanded a sales price of $1.6 million.
Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap’s Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a developer. The buyer was a private investor local to the Chicago area.
Harlem Plaza, 5601 S. Harlem Ave., was financed through Life Insurance Debt and sold near its list price in less than 75 days.
