1448 W Madison St In West Loop, Chicago, IL Sells For $1.59M

The retail property located at 1448 W Madison St in the West Loop neighborhood of Chicago, IL has been sold. The property, consisting of 5,745 square feet, was sold for a price of $1,590,000, resulting in a price per square foot of $277. The transaction took place on October 10, 2022.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $1,590,000
• Address: 1448 W Madison St, Chicago, IL
• Market: West Loop, Chicago, IL

The buyer of the property is 1448 W Madison St LLC, while the seller is Chicago Pipefitters Local 597. Marcelo Pappas from Tiamar Real Estate represented the buyer in the transaction. On the seller's side, Scott Maesel, Drew Dillon, Chad Schroedl, Adam Thomas, and Logan Parsons from SVN | Chicago Commercial acted as the seller's representatives.

These key individuals and companies played significant roles in the deal, facilitating the successful transaction of the retail property on 1448 W Madison St in the West Loop neighborhood of Chicago, IL.