YFP Acquires Mixed-use Property On North Clark Street In Chicago For $21.3M

The mixed-use property located at 1165 North Clark Street in Chicago has been sold in a recent transaction. The deal was facilitated by Michael Kaider of CBRE, representing the buyer, YFP, and David Solomon of Goldman Sachs, representing the seller. The sale occurred on August 10, 2022, at a price of $21,300,000. The property spans an area of 18,000 square feet, resulting in a price per square foot of $1,183.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $21,300,000
• Address: 1165 North Clark Street, Chicago
• Market: Chicago
• Buyer: YFP
• Seller: Goldman Sachs
• Broker: Michael Kaider - CBRE
• Square Footage: 18,000
• Price per Square Foot: $1,183

The transaction involved key individuals and companies in the real estate industry. Michael Kaider from CBRE represented the buyer, YFP, while David Solomon from Goldman Sachs represented the seller. This successful transaction demonstrates the expertise and negotiation skills of the brokers involved.