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Baum Brokers $10.8M Sale of Mixed-Use Property in Chicago

CHICAGO — Baum Realty Group LLC has brokered the sale of a mixed-use property in Chicago’s Bucktown/Wicker Park neighborhood for $10.8 million. The property includes a 12,759-square-foot, three-story building for office and retail use as well as an adjacent 3,885-square-foot development parcel at 1616-1628 N. Damen Ave. The development parcel is zoned as a community shopping district. This zoning permits various businesses and apartments above the ground floor. Greg Dietz and Danny Spitz of Baum represented the undisclosed seller. A local investment group purchased the asset.

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