Marcus & Millichap Sells Retail Property In Gage Park, Chicago For $7M

The retail property located at 5505 S. Kedzie Ave. in Gage Park, Chicago has been sold for $7,000,000. The transaction took place on October 13, 2021. The property spans 14,812 square feet, resulting in a price per square foot of $473.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $7,000,000
• Address: 5505 S. Kedzie Ave., Gage Park, Chicago
• Market: Gage Park, Chicago
• Brokers: Nicholas Kanich & Mitchell Kiven - Marcus & Millichap

Nicholas Kanich and Mitchell Kiven from Marcus & Millichap represented the parties involved in this sale. They facilitated the transaction of this retail property in Gage Park.