**River North Mixed-Use Property Sells for $3.2M to International Buyer**
CBRE has announced the $3.2 million sale of 219 W. Chicago Avenue, a boutique mixed-use property located in Chicago’s River North neighborhood. The transaction marks the first investment in the city for the international buyer.
The CBRE team of Dominic Soltero, Tom Svoboda, and John Saletta represented the undisclosed seller in the transaction. The property totals 19,615 square feet and features a creative loft office layout designed to appeal to Chicago’s growing tech and creative sectors. Currently, the building is 78% leased.
“This sale is a testament to the enduring strength of Chicago’s urban core and the global investor interest it continues to attract,” said Soltero. “River North remains one of Chicago’s most sought-after submarkets, with strong multifamily fundamentals, world-class retail, and unmatched connectivity. This closing reflects both the patience and strategic positioning of the seller, as well as the buyer’s confidence in the long-term fundamentals of River North.”
The property’s location and design continue to draw attention as investment activity remains strong in the River North submarket.
