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Adam Friedberg Of Mavrek Development Acquires 20,000 Square Feet Retail Building In Chicago
SOLD
Illinois
See Similar DealsRetail40,000 SF
Sold 12/29/2025
SOLD
Adam Friedberg Of Mavrek Development Acquires 20,000 Square Feet Retail Building In Chicago
12 West Maple Street & 16 West Maple Street
See Similar DealsRetail40,000 SF
Sold 12/29/2025
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:40,000 SF
Transaction Type:Sale
12–16 West Maple Street is a 20,000-square-foot, four-story retail building located in the Gold Coast neighborhood of Chicago. The building has partial occupancy by CorePower Yoga.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not specified
- Date: 12/29/2025
- Buyer: Adam Friedberg
- Buyer Company: Mavrek Development
- Market: Chicago
Mavrek Development acquired the property with plans for renovation and repositioning to attract high-end retail and office tenants. Mid-America Real Estate Group will handle the leasing efforts.
Players
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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