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.