James Daughrity Acquires Retail Property In Chicago, IL For $1.7M

A single-tenant retail property located at 6348 S. Archer Ave in Chicago, IL has been sold for $1,700,000. The property, a 7,725 square foot Garfield Ridge Public Library, is leased to the City of Chicago. The transaction took place on June 18, 2021. The property was listed with an asking price of $2,000,000, resulting in a price per square foot of $220.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $1,700,000
• Date: 06/18/2021
• Address: 6348 S. Archer Ave
• Market: Chicago, IL
• Total Square Footage: 7,725 SF
• Price per Square Foot: $220

James Daughrity represented the buyer in the transaction, while Jeff Lefko acted as the seller's representative.