CL Investment Group Acquires Yorkville Retail Condo For $28.7 Million

The retail condo located at 1683 Third Avenue in Yorkville has been sold for a total price of $28,712,000. The property spans across 22,563 square feet, resulting in a price per square foot of $1,273. The transaction involved two units, with each unit being sold at a price of $14,356,000.

Summary of transaction details

• Property Type: Retail Condo
• Transaction Amount: $28,712,000
• Address: 1683 Third Avenue
• Market: Yorkville
• Square Footage: 22,563
• Price per Square Foot: $1,273
• Number of Units: 2
• Per Unit Price: $14,356,000

The seller of the retail condo was Extell, while the buyer was CL Investment Group. The deal was facilitated by brokers James Nelson, Neil Helman, Vin Carrega, Brent Glodowski, and Angela Mulder.