June 11, 2019 Comments Off on 100% Occupied Austin Shopping Center Changes Hands Views: 186 Chicago News, North Side

100% Occupied Austin Shopping Center Changes Hands

Roosevelt Plaza, a 27,150-square foot retail property located in the West Side’s Austin neighborhood, has sold to a Chicago-based private investor for $6.1 million.

Adrian Mendoza, first VP investments, Austin Weisenbeck, SVP investments, and Sean R. Sharko, SVP investments, all with Marcus & Millichap’s Chicago Oak Brook office, exclusively marketed the property on behalf of the seller and represented the buyer.

Developed in 2002, Roosevelt Plaza is located at 5630 W. Roosevelt Rd., and is 100% occupied by a diverse mix of national and local tenants, including Family Dollar, Little Caesars and H&R Block. The property offers a high barrier to entry with limited land for new development.

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