Baum Realty Group Brokers $16.6 Million Sale of Five Retail Properties in Chicago

This retail center located at 4700 N. Kimball Ave. in Chicago is one of five properties included in the sale. This retail center located at 4700 N. Kimball Ave. in Chicago is one of five properties included in the sale.

Chicago — Baum Realty Group has brokered the $16.6 million sale of five retail properties totaling 81,606 square feet in the Chicago area.

The properties include a mixed-use redevelopment in the Bucktown/Wicker Park neighborhood that sold for $4.2 million; a fully leased retail strip center anchored by the Westin North Shore Hotel in Wheeling that sold for $4.9 million; an OREO multi-tenant retail strip center adjacent to the Kimball Brown Line ‘L’ Station that sold for $2.3 million; a development parcel in the River North neighborhood that sold for $4.1 million; and two properties located within the North and Clybourn Corridor that sold for $1.1 million.

Greg Dietz and Danny Spitz of Baum Realty Group’s Investment Sales Team represented the five separate private sellers in transactions.

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