Just Sold - 3426 North Southport Avenue

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CHICAGO, Ill., Nov. 2018 Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of 3426 N. Southport Ave., a 6,100-square-foot mixed-use property located in Chicago’s Lakeview neighborhood according to David G. Bradley, regional manager of the firm’s Chicago Downtown office. The asset sold for $3,450,000.

Kyle A. Stengle, a senior vice president investments, in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller.

The property is located at 3426 N. Southport Avenue along the high-demand Southport retail corridor. The property features high-end construction, private decks with skyline views, quartz countertops and hardwood floors.  The national retail tenant has a long-term lease with annual rent increases.