Retail N Illinois

Marcus & Millichap sells 4,000-square-foot retail property in Chicago

Marcus & Millichap Real Estate Investment Services recently sold 1654 W Chicago Ave, a 4,000-square-Foot retail property located in Chicago. The asset commanded a sales price of $160,000.

Marcus & Millichap Real Estate Investment Services recently sold 1654 W Chicago Ave, a 4,000-square-Foot retail property located in Chicago. The asset commanded a sales price of $160,000.

Nicholas Kanich, an investment specialist in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, a private investor.  The buyer, a private investor, was secured and represented by Nicholas Kanich, Evan Halkias and Michael Marks, investment specialists in Marcus & Millichap’s Chicago Downtown office.

The buyer intends to rent the store to a single user and purchased the property for investment purposes.