CHICAGO – Sperry Van Ness Chicago Commercial has completed the sale of a mixed-use property in Chicago's Lincoln Square neighborhood. The corner property is located at 4660 N Rockwell Avenue, adjacent to the Rockwell Brown Line CTA, and consists of four retail/office units and two apartment units. Senior Vice President of Multifamily Sales, Jeffrey Baasch and Senior Advisor, Brian Kochendorfer of Sperry Van Ness, LLC represented both the Buyer and Seller in the transaction. The property sold for $875,000.
“There is significant demand for well-located properties in Chicago with investors bidding aggressively. Our marketing generated multiple offers over a short period of time, which speaks to the strong demand for properties on the Northside of the City.” Kochendorfer said.
Founded in 1987, Sperry Van Ness is one of the largest and fastest growing commercial real estate brokerage firms in the industry, with more than 1,300 Advisors in 38 states. Sperry Van Ness delivers results for clients through a proven business model that provides advanced marketing and technology tools. Based in Irvine, Calif., the firm operates internationally and provides brokerage, consultation, asset management, property management, leasing, accelerated marketing, and auction services. Sperry Van Ness transactions total billions of dollars annually in retail, office, multifamily, industrial, self-storage, hospitality and land transactions.
Sperry Van Ness, LLC is a national full-service commercial real estate advisory firm located at 940 West Adams Street in downtown Chicago. 312.676.1866. For more information, please visit www.svnchicago.com.