Marcus & Millichap brokers USD 2.5 million sale of eight-unit Chicago multifamily property

Marcus & Millichap, Inc.

Marcus & Millichap, Inc.

MMI

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  • Marcus & Millichap brokered the USD 2.5 million sale of an eight-unit multifamily property at 1503 North Wieland Street in Chicago’s Old Town.
  • The deal drew a 1031 exchange buyer; Sedgwick Properties bought the asset from 1503 North Weiland Street (Chicago).
  • The 1899-built property totals 5,310 square feet with five one-bedroom units, three two-bedroom units.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on June 02, 2026, and is solely responsible for the information contained therein.