Private HNW Acquires Mixed-Use Asset For $14M In Fulton Market District
Illinois
See Similar DealsPrivate HNW Acquires Mixed-Use Asset For $14M In Fulton Market District
1001 West Fulton Market, Chicago, Illinois 60607, United States
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A mixed-use property located at 226 N. Morgan and 1001 W. Fulton in the Fulton Market District has been sold for $14,000,000. The property spans 12,800 square feet, resulting in a price per square foot of $1,094. The sale took place on December 31, 2021, and the buyer was a private HNW individual from California. Vequity acted as the seller in the transaction. The deal was facilitated by brokers Alex Sharrin and Truman Tiernan from JLL.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $14,000,000
- Square Footage: 12,800
- Price per Square Foot: $1,094
- Address: 226 N. Morgan & 1001 W. Fulton
- Market: Fulton Market District
The buyer of the property was a private high-net-worth individual from California. Vequity served as the seller in the deal. The transaction was facilitated by brokers Alex Sharrin and Truman Tiernan, representing JLL. The sale of this mixed-use property represents a significant investment in the vibrant Fulton Market District.
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