Home / News / Quantum brokers mixed-use sales in Chicago for $3.6M

THURSDAY, JANUARY 21, 2010

Quantum brokers mixed-use sales in Chicago for $3.6M

by Illinois Real Estate Journal Reports
Chicago

Quantum Real Estate Advisors, Inc. brokered the sale of two mixed-use properties to local investor Glascott and Associates.

Both properties have retail and apartment components and are located at 1670 W. Division Street and 1920 W. Division Street in the Wicker Park neighborhood of Chicago, IL. The buyer purchased the properties for $3,640,000.

1920 W. Division houses local favorite Milk N' Honey. Glascott, which owns several high-profile retail and multifamily properties in the city, felt that the addition of these assets would add to the quality of their portfolio.

Chad M. Firsel, president, represented the buyer, Glascott and Associates. The property was acquired from a local real estate investment and development company.



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