Marcus & Millichap Sells Multi-tenant Retail Property In Chicago For $5.2M

Kedzie Plaza, a multi-tenant retail property located at 4725 South Kedzie Avenue in Chicago, has been sold for $5.225 million. The property spans 73,876 square feet, resulting in a price per square foot of $71. The sale was facilitated by Adrian Mendoza, Austin Weisenbeck, and Sean Sharko, brokers from Marcus & Millichap's Chicago office. The transaction was carried out on behalf of a local private investor.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $5,225,000
• Square Footage: 73,876
• Price per Square Foot: $71
• Address: 4725 South Kedzie Avenue, Chicago
• Market: Chicago

Marcus & Millichap's brokers, Adrian Mendoza, Austin Weisenbeck, and Sean Sharko, were responsible for successfully closing the deal on Kedzie Plaza. The transaction marks another achievement for Marcus & Millichap's Chicago office, showcasing their expertise and successful collaboration with a local private investor.