Marcus & Millichap closed the sale of Wrigleyville Value-Add, a 4,870-square-foot mixed-use property in Chicago. The asset sold for $1.425 million.
Sean Sharko, Austin Weisenbeck and Brewster Hague, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was also secured and represented by Hague, Weisenbeck and Sharko.
Wrigleyville Value-Add is located at 3477 N. Clark St. in Chicago. The first floor and the entire basement underwent renovations in 2008. Tuck-pointing, new floors, copper pipes, heat and air conditioning, electrical and plumbing were all redone to meet the city’s codes.
The second and third floor each consist of one 1,100-square foot apartment. Each apartment unit is a two-bedroom/two-bathroom with large dens, a built-out bar and balcony.
The subject property is located in the Wrigleyville section of the Chicago neighborhood of Lakeview.
