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CHICAGO — Marcus & Millichap has arranged the $3.6 million sale of 1400 S. Michigan Ave., an 8,260-square-foot retail property in Chicago. The property sold at 92 percent of its original list price. Located in Chicago’s South Loop, the multitenant retail property is situated on the ground floor of a 455-unit luxury condominium tower. Tenants at the property include Waffles Chicago, Square One Bar and Sanctuary Music & Aesthetics audio design solutions. Sean Sharko, Alan Katamanin and Austin Weisenbeck of Marcus & Millichap’s Chicago Oak Brook office represented the seller and the buyer, both limited liability companies.