Chicago, IL (June 30, 2017) – Quantum Real Estate Advisors, Inc. has brokered the sale of a multi-tenant building located at 4730-4750 West Dempster Street in Skokie, IL. The 5,000 square foot property sold for $1,750,000. The property is 100% leased to ATI Physical Therapy and I Love Kickboxing. The buyer was a private real estate investor based in the Chicagoland area. The seller is a prominent developer from the Chicagoland area as well. Chad Firsel, President of Quantum Real Estate Advisors, Inc. represented the seller in the transaction.
Mr. Firsel had the following comments regarding the transaction, “The buyer was able to acquire a retail center in the heart of a high barrier to entry location on Dempster Street, about one mile for I-94.” Mr. Firsel continued, “This newly renovated building is a great example of how a barrier to entry site can benefit the community and its neighbors. Both of these tenants are thriving and this will be a good investment for this acquirer”