Chicago, IL (August 30th, 2022) – Quantum Real Estate Advisors, Inc. has brokered the sale of a 10-unit mixed-use building located at 2569 W. Milwaukee Ave., Chicago, IL. The property sold for $3,625,000.
After 40 years of ownership, the sellers put their trust in Chad Firsel & Clay Maxfield to exclusively market the property for sale. After a successful marketing process, the property sold to a local buyer with multiple holdings in Chicago and the surrounding areas.
Mr. Maxfield had the following comments regarding the transaction, “2569 Milwaukee may be the best address in all of Logan Square. This property is positioned directly on the hard corner of Milwaukee and Logan, it just doesn’t get better. We were able to procure multiple offers and over 12 tours in a very short period of time. We want to congratulate all parties involved.
Quantum represented both the buyer and seller in the transaction. Chad Firsel, President, had the following comments to say, “This asset is a testament to the fact that no matter where rates are and/or are headed, well located real estate at the right basis will transact.”
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.