December 10, 2019
Marcus & Millichap arranged the sale of a 4,000-square-foot net-leased Signature Bank in the North Side’s Edison Park neighborhood. The property sold for $2,400,000.
Mitchell Kiven and Bennet Kamps, both with Marcus & Millichap’s Chicago Downtown office, marketed the property on behalf of the seller, a prominent developer based in Chicago. They also secured the buyer, a private investor based in Omaha.
This Signature Bank is located at 7292 W. Devon Ave. and is home to more than $550 million in deposits. It had been marketed by a local broker for nearly two years before Kiven and Kamps took on the assignment.
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