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Ashlee Yenney
Corporate Marketing Director
ayenney@midamericagrp.com
630.481.4015

Mid-America Real Estate Handles Sale of 174 North Michigan Avenue in Chicago

Photo of 174 North Michigan Avenue located in Chicago available here.

CHICAGO (March 24, 2015) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of 174 North Michigan Avenue located in Chicago. The four-story urban retail building was purchased by Chicago-based L3 Capital LLC for $12.5 million.

174 North Michigan Avenue is located on a prime block of Michigan Avenue in an area that is currently undergoing a dramatic revitalization with new residential, hotel, and retail projects underway. The 29,000-square-foot building features tenants 7-Eleven and Chicago Sports.

Joe Girardi of Mid-America Real Estate Corporation was the exclusive broker in the transaction on behalf of the seller, Northbrook, Ill.-based The Cloverleaf Group.

Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate headquartered in Oakbrook Terrace, Ill. The company is the Midwest’s leading full-service retail real estate organization with offices in Chicago, Milwaukee, Minneapolis and Detroit.  For more information, call (630) 954-7300 or visit www.midamericagrp.com.

174NMA
174 North Michigan Avenue located in Chicago
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