FCA Purchases Property At 2274 N Milwaukee Ave Chicago For $4,099,999 With Seller's Rep Greg Dietz

The retail property located at 2274 N Milwaukee Ave, Chicago, IL, was sold for $4,099,999.00. The building has a total square footage of 9,801 and is situated in the Chicago market, specifically in the Logan Square neighborhood. This property is currently leased by Family Dollar.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,099,999.00
• Address: 2274-2282 N Milwaukee Ave, Chicago, IL
• Market: Chicago
• Cap Rate: 4.8%
• Buyer: FCA
• Seller's Representative: Greg Dietz
• Brokerage: Baum Realty Group LLC

In this transaction, Greg Dietz, Danny Spitz, and Patrick Forkin represented the undisclosed seller. The acquisition was made by a family office buyer. Notably, the 4.8 percent cap rate is recorded as the lowest for a single-tenant Family Dollar property nationwide.