Mixed-use Building Sold In Chicago At 2224 West Grand Avenue By Ali Nix & Marc Hale

A mixed-use property located at 2224 West Grand Avenue in Chicago has been sold. The asset encompasses a total area of 9,600 square feet and is situated on a 0.29-acre lot. The building is zoned for mixed-use and is situated in the West Town neighborhood, currently housing Rainbow Art. The site presents significant development potential and boasts convenient access to transit.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: Undisclosed
• Address: 2224 West Grand Avenue
• Market: Chicago
• Square Footage: 9,600
• Acres: 0.29
• Brokers: Ali Nix & Marc Hale - DarwinPW Realty/CORFAC International
• Buyer: Undisclosed residential developer

The transaction involved the representation of the buyer by DarwinPW Realty/CORFAC International, with brokers Ali Nix and Marc Hale facilitating the deal. The property’s development potential and favorable transit access were key aspects considered during this transaction.