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2035 West Irving Park Road
SOLD

Chicago Retail Property On Irving Park Rd Sells For $2.1M With Broker Steven Rapoport

2035 West Irving Park Road

Retail
12,500 SF
clock iconSold 1 year ago
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Summary

Sale
ILLINOIS
Retail
12,500 sqft

Chicago Real Estate Resources (CRER) broker, Steven Rapoport, represented the longtime owner in the sale of a retail property located at 2035 Irving Park Rd in North Center, Chicago. The property, which spans 12,500 square feet, includes a 5,600 square foot retail strip center. The sale price for this asset was $2,100,000, resulting in a price per square foot of $168.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,100,000
  • Square Footage: 12,500
  • Address: 2035 Irving Park Rd
  • Market: North Center, Chicago

Steven Rapoport was able to attract multiple offers from both owner-users and developers within a short period of time. The area of North Center is experiencing increasing interest from investors, homeowners, and businesses, with several ongoing developments. It is worth noting that Steven represented the buyer of a property across the street in a separate transaction, which involved a 7,800 square foot site and plans for a 20-unit building.

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Steven Rapoport's profile picture
Steven Rapoport
CRER (Chicago Real Estate Resources)-image
Senior Director
$11.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Steven Rapoport DATE: 07/29/2022 ADDRESS: 2035 Irving Park Rd MARKET: North Center, Chicago ASSET TYPE: Retail BROKER: Steven Rapoport - Chicago Real Estate Resources (CRER) SALE PRICE: $2,100,000 SF: 12,500 ~ PPSF: $168 NOTE FROM BROKER: Steven Rapoport with CRER (Chicago Real Estate Resources Inc.) represented the longtime owner of 2035-2043 W Irving Park Road in the sale of a 12,500 Sq. Ft. site that is currently improved with a 5,600 Sq. Ft. retail strip center. After a short time on the market, Steven was able to produce multiple offers from both, owner-users and developers. North Center is receiving an influx of interest from investors, homeowners, and businesses with multiple developments currently underway. Just last month Steven represented the buyer of the property across the street at 2042-2046 W Irving Park Road, a 7,800-sf development site with plans for a 20-unit building.

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Address2035 West Irving Park Road

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