An Affiliate Of Renaissance Capital LLC Acquires Property At 1301 W Madison St For $13.6M

The retail property located at 1301 W Madison St, Chicago, IL, 60607 was sold for $13,600,000.00. This asset encompasses a total of 24,863 square feet and is fully leased to three tenants, indicating a stable income stream from the property. The transaction occurred in the Chicago market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $13,600,000.00
• Square Footage: 24,863
• Address: 1301 W Madison St, Chicago, IL, 60607
• Market: Chicago
• Seller: 1940 Y Century Associates LLC
• Seller's Representative: Keely Polczynski, CBRE
• Buyer: An affiliate of Renaissance Capital LLC

Keely Polczynski of CBRE represented the seller in this transaction, which is an entity controlled by Blatteis & Schnur Inc., based in Los Angeles. The buyer of the property is associated with Renaissance Capital LLC, marking their involvement in acquiring the asset.