FCA Purchases 81700 SF Property At 2525 N Elston Ave Chicago For $6.8M With José Colón As Buyer's Rep

A retail building was sold in Chicago's Elston corridor, located at 2525 N Elston Ave, Chicago, IL 60647. The property, encompassing 81,700 square feet and situated on 1.5 acres, has a transaction price of $6,800,000.00. The tenants include Artsupply.com and Johnstone Supply, indicating a stable occupancy.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,800,000.00
• Address: 2525 N Elston Ave, Chicago, IL, 60647
• Market: Chicago
• Square Footage: 81,700
• Buyer: FCA
• Buyer's Representative: José Colón (Jameson Commercial Real Estate)

This transaction involved investment groups based in the Chicago area. José Colón acted as the representative for the buyer, facilitating the sale through Jameson Commercial Real Estate. The presence of established tenants further supports the investment profile of the property.