D.C.-based Investor Acquires Fully Leased Retail Property At 600 South Dearborn Street For $4.1M

A retail property located at 600 South Dearborn Street in the Chicago market has been sold for $4,100,000. This asset, totaling 12,132 square feet, is fully leased to five tenants, including 7-Eleven and Sofi Restaurant. The sale includes assumable debt and is part of the historic Transportation Building.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,100,000
• Square Footage: 12,132
• Price Per Square Foot: $338
• Address: 600 South Dearborn Street
• Market: Chicago
• Brokers: Mark Krantz, Derrick Dougherty & Steven Weinstock - Marcus & Millichap
• Mortgage Broker: Steve Filippo - Marcus & Millichap

The transaction was brokered by Marcus & Millichap, with Steve Filippo also serving as the mortgage broker. The buyer is a private investor based in Washington D.C.