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.
174 North Michigan Avenue located in Chicago
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