Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Subscribe
  • About

South Loop restaurant sells to local restaurateur

October 16, 2023
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Tim Rasmussen, CCIM and Marcus Sullivan of SVN Chicago Commercial helped secure the sale of 1307 S. Wabash Ave. in Chicago’s South Loop.

SVN | Chicago Commercial represented the seller and David Wong of Century 21 Realty Associates, who was instrumental in taking this transaction over the goal line, represented the buyer. The 4,800-square-foot restaurant condo sold for 95% of the asking price to a motivated local buyer and was backed by a very cooperative lender. The asset sold for $1,800,000.

Tags
ChicagoSVN | Chicago Commercial
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
TexasFinance

Northmarq provides $54 million in equity financing for 355-unit apartment community in Plano

July 16, 2026
TexasRetail

JLL Capital Markets negotiates sale of 86,698-square-foot retail center in Prosper

July 16, 2026
TexasMultifamily

Newmark closes sale of 229-unit multifamily community in Plano

July 16, 2026
MidwestMinnesotaHospitality

Marcus & Millichap closes sale of 45-room hotel in Detroit Lakes

July 16, 2026

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Terms and Conditions
  • Contact
© 2026 REjournals.com