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

Marcus & Millichap

Marcus & Millichap

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.


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