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2053 North Milwaukee Avenue
SOLD

Colin O'Malley Of Interra Realty Sells Retail Redevelopment Site In Logan Square For $10.5M

2053 North Milwaukee Avenue

Retail
25,473 SF
clock iconSold 135 days ago
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Summary

Sale
ILLINOIS
Retail
25,473 sqft

A 2.3-acre retail redevelopment site located at 2053 North Milwaukee Avenue in Chicago's Logan Square neighborhood was recently sold for $10.5 million. The property, with a total square footage of 25,473 and a price per square foot of $412, was transacted by Colin O'Malley of Interra Realty. The buyer, whose identity remains undisclosed, plans to utilize the current zoning to carry out the redevelopment of the site.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $10,500,000
  • Address: 2053 North Milwaukee Avenue
  • Market: Milwaukee
  • Broker: Colin O’Malley - Interra Realty

The $10.5 million deal was brokered by Colin O'Malley from Interra Realty on behalf of the local real estate owner who sold the property. The transaction represents a significant acquisition within the retail sector in the vibrant Logan Square neighborhood of Chicago.

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Colin O’Malley's profile picture
Colin O’Malley
Interra Realty-image
Director
$10.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Colin O’Malley DATE: 03/07/2024 ADDRESS: 2053 North Milwaukee Avenue MARKET: Milwaukee ASSET TYPE: Retail ~ ACRES: 2.3 BROKER: Colin O’Malley - Interra Realty (@InterraRealty) SALE PRICE: $10,500,000 SF: 25,473 ~ PPSF: $412 NOTE: Interra Realty brokered the $10.5 million sale of a 2.3-acre retail redevelopment site in Chicago's Logan Square neighborhood at 2053 N. Milwaukee Ave. The buyer, undisclosed, intends to redevelop the site under current zoning, while Colin O'Malley of Interra represented the seller, a local real estate owner.

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Address2053 North Milwaukee Avenue

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