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MidwestCRE

Millenium Properties sells lofted commercial condo in Gold Coast for $1M

Staff Writer April 4, 2017
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Millennium Properties R/E, a premier boutique real estate brokerage and property management company in Chicago, sold a 7,951 square foot lofted commercial condo at 1212 N. LaSalle in the Gold Coast. The unit is part of a 27 story luxury condo building near the corner of Division and LaSalle and included two dedicated parking spaces.

Overlooking LaSalle, this second floor unit features vaulted 30′ ceilings, a large glass façade and two private patios. The space has the potential to be a unique space with plenty of room for multiple uses for the new owners, a pre-school and daycare company.

“A significant number of potential users and investors expressed interest in this unit,” said Daniel J. Hyman, president of Millennium Properties. “The combination of the location and the ability to customize the space was very desirable, resulting in bidding war that raised the price above asking.”

Michael Chezan of Mox Realty Inc. represented the buyer in the transaction.

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