Mid-America Real Estate Executes Sale of 1617-1621 North Clybourn Avenue in Chicago
Mid-America Real Estate’s Investment Sales Group recently brokered the sale of a mixed use, residential and retail asset at 1617 – 1621 North Clybourn Avenue. Located in Chicago’s affluent Lincoln Park neighborhood, 1617 – 1621 North Clybourn Avenue is a 17,847 square foot property located in the dominant, highly desirable North/Clybourn retail corridor. It features a new, 7-year lease with Italian Living, LLC. In addition, there are four rental apartment units. The apartments are in Class A condition and 100% occupied. 1617 – 1621 North Clybourn was sold to a Private Buyer.
Mid-America Real Estate Corporation Vice President Matt McParland and Principal Stan Nitzberg were the exclusive brokers in the transaction on behalf of the Private Seller.
About Mid-America Real Estate
Mid-America Real Estate is the largest regional retail property services firm in the Midwest. The organization’s exclusive focus on retail real estate, combined with cutting-edge technology and unsurpassed service, distinguishes Mid-America within the industry and provides clients with a competitive edge. The company manages and leases 42 million square feet of retail space, and represents over 270 retailers. Mid-America’s Investment Sales Group represents clients in the sale of retail properties throughout the greater Midwest region. The Investment Sales Group’s strategic approach combines outstanding national exposure with the best local knowledge, resulting in the successful disposition of over $12.15 billion to date. For more information, visit www.midamericagrp.com.
Property Photo Available on Request
Media Contact for More Information:
Olivia Simmons | 630.954.7363 | osimmons@midamericagrp.com