Marcus Sullivan & Tim Rasmussen Close $2.27M Sale Of Mixed-Use Building In Chicago

The mixed-use building located at 5212 N Clark Street in Chicago's Andersonville neighborhood was recently sold for $2.27 million. The property spans 6,800 square feet and achieved a price per square foot of $334. The sale was facilitated by Tim Rasmussen, CCIM, and Marcus Sullivan of SVN Chicago Commercial's Restaurant Resource Group, representing the seller in the transaction.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,270,000
• Address: 5212 North Clark Street
• Market: Chicago

The deal, which aimed to convert the ground floor of the building into a medical facility, secured a local buyer at one of the highest prices per square foot for an Andersonville mixed-use property. The successful transaction was closed by SVN Chicago Commercial, showcasing their expertise in commercial real estate deals in the Chicago market.