CHICAGO—Greg Dietz and Danny Spitz of Baum Realty Group's investment sales team recently represented five separate private sellers in transactions totaling about 81,606 square feet in Chicagoland for $16,650,000. "Transaction volume continues to rise for a variety of reasons including low interest rates, tenant expansion and a growing Chicago economy," says Dietz.

1422 – 1426 N. Milwaukee Ave.: This mixed-use redevelopment sold for $4,200,000 in the Bucktown / Wicker Park neighborhood.

701 – 749 N. Milwaukee Ave.: 100% leased multi-tenant retail strip center anchored by the Westin North Shore Hotel sold for $4,900,000 in suburban Wheeling, IL.
4700 N. Kimball Ave.: OREO multi-tenant retail strip center adjacent to the Kimball Brown Line 'L' Station sold for $2,300,000.
847 N. Larrabee St.: Development parcel sold for $4,100,000 in the River North neighborhood after a zoning change.
1312 - 14 N. Clybourn Ave. and 1321 N. Larrabee St. OREO mixed-use redevelopment within the North & Clybourn Corridor sold for $1,150,000.

In addition to the sale of the five properties above, Baum's team sold the 14,500 square foot mixed-use redevelopment building located at 660 W. Lake St. in the West Loop for $2,200,000, a mixed-use project in Wicker Park at 1308 – 1310 N. Milwaukee Ave. for $2.4 million, a single-tenant retail property at 1612 W. North Ave. in Bucktown for $6,150,000, a retail condo at 1650 N. Wells in Old Town for $2,800,000, a mixed-use building at 1031 – 1033 W. Belmont Ave. for $3,275,000 and the retail shops at the Waldorf Astoria in the Gold Coast for $44,000,000.

Instant Insights /

Next Realty Completes 63K in Sub. Leases

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