Baum Realty Group Brokers $16.6 Million Sale of Five Retail Properties in Chicago

by Scott Reid

Chicago — Baum Realty Group has brokered the $16.6 million sale of five retail properties totaling 81,606 square feet in the Chicago area.

The properties include a mixed-use redevelopment in the Bucktown/Wicker Park neighborhood that sold for $4.2 million; a fully leased retail strip center anchored by the Westin North Shore Hotel in Wheeling that sold for $4.9 million; an OREO multi-tenant retail strip center adjacent to the Kimball Brown Line ‘L’ Station that sold for $2.3 million; a development parcel in the River North neighborhood that sold for $4.1 million; and two properties located within the North and Clybourn Corridor that sold for $1.1 million.

Greg Dietz and Danny Spitz of Baum Realty Group’s Investment Sales Team represented the five separate private sellers in transactions.

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