Chicago, IL (May 18, 2017) – Quantum Real Estate Advisors, Inc. has brokered the sale of a multi-tenant retail space located at 901 West Madison Street in Chicago, IL. Located just west of the Chicago CBD, the subject property consists of over 15,000 square feet and sold for $5,700,000. The buyer was a private real estate investor based in New York City. The seller is a property owner from the Chicagoland area. 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 regional trade area.” Mr. Firsel continued, “The property has excellent curb appeal and excellent design and will provide solid cash flow for years to come.”
Quantum Real Estate Advisors, Inc. (www.qreadvisors.com) specializes in investment sales brokerage, assisting clients in the acquisition and disposition of commercial real estate. Quantum has the capacity through strategic alliances to offer full-service leasing brokerage, receivership, management and financing.