Interra Realty recently sold a mixed-use property in Chicago’s Lakeview neighborhood for $3.45 million. The transaction was facilitated by Joe Smazal, senior managing partner, on behalf of a local private seller.
At the time of the sale, all residential units were occupied while the commercial space remained vacant. The Southport property boasts one one-bedroom unit, four two-bedroom units and one three-bedroom unit in addition to a coach house with one one-bedroom andone two-bedroom unit.
Furthermore,a 4,600-square-foot retail space on the ground floor provides exposure along both Southport and George streets where an outdoor dining area is situated. Conveniently located near Ashland,Southport,and Lincoln avenues,the property offers easy access to various dining options as well as shopping and entertainment venues.Additionally,it is served by CTA’s Wellington Brown Line stationand multiple bus routes,making it easily accessible.
The article “Interra Brokers Sale of Lakeview Mixed-Use Property” originally appeared on Connect CRE.
