Marcus & Millichap announced the sale of Kedzie Plaza, a 73,876-square-foot multi-tenant retail property located in Chicago, Illinois. Steven Weinstock, regional manager and senior vice president of Marcus & Millichap’s Chicago Oak Brook office reported that the asset sold for $5.225 million.
Adrian Mendoza (first vice president), Austin Weisenbeck and Sean Sharko (senior managing directors) – all investment specialists in Marcus & Millichap’s Chicago Oak Brook office – sourced this off-market opportunity for a repeat client: a local high net worth private investor. The Sharko | Weisenbeck | Mendoza Group has successfully closed over 861 transactions across 35 states with total sales exceeding $3.5 billion in commercial real estate deals to date.
Kedzie Plaza is situated at 4725 S Kedzie Avenue boasting an impressive tenant mix including Dunkin’, Metro by T Mobile, Subway Domino’s Pizza and Sally Beauty among others; it is conveniently adjacent to Pete’s Fresh Market grocery store as well as O’Reilly Auto Parts store too!
This transaction marks yet another success story from Marcus & Millichap who continue to demonstrate their expertise within the commercial real estate industry through such successful investments!
