{"id":1004161652,"date":"2016-12-12T07:38:07","date_gmt":"2016-12-12T15:38:07","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004161652"},"modified":"2022-12-08T20:04:09","modified_gmt":"2022-12-09T04:04:09","slug":"baum-realty-closes-sale-of-chicago-mixed-use-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/baum-realty-closes-sale-of-chicago-mixed-use-building\/","title":{"rendered":"Baum Realty Closes Sale of Chicago Mixed-Use Building"},"content":{"rendered":"

By Mihaela Coste<\/em><\/p>\n

\"5531-5539<\/a>

5531-5539 N. Clark St., Chicago<\/p><\/div>\n

Chicago\u2014<\/strong>Baum Realty Group recently completed the sale of a mixed-use property in the Andersonville neighborhood of Chicago for approximately $2.9 million.<\/p>\n

Located at 5531-5539 N. Clark St., the two-story property encompassing roughly\u00a010,000 square feet was bought by a Chicago-based investment group from a local investor. The seller was represented by Danny Spitz and Greg Dietz, managing directors with Baum.<\/p>\n

\u201cA diverse and solid rental stream from Chase Bank and Hair Cuttery on the first floor with an office tenant and loft apartment on the second floor made the asset attractive to several investors,\u201d Spitz said in prepared remarks.\u00a0\u201cHighlighting the corner location across from Jewel-Osco drew attention to the tremendous retail space and convenience for apartment dwellers at this dynamic location along Andersonville\u2019s coveted N. Clark Street thoroughfare,\u201d added Dietz.<\/p>\n

Baum is offering disposition and acquisition services for third-party property owners and investors. The company’s investment sales division completed real estate transactions of more than $400 million since 2014.<\/p>\n

Image courtesy of Baum Realty Group<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The two-story Andersonville property traded for almost $3 million.<\/p>\n","protected":false},"author":1192,"featured_media":1004507740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,13,21752,21742],"tags":[33119,33120],"class_list":["post-1004161652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-midwest","category-mixed-use","category-latest","tag-baum-realty-group","tag-danny-spitz"],"acf":[],"yoast_head":"\nBaum Realty Closes Sale of Chicago Mixed-Use Building - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/baum-realty-closes-sale-of-chicago-mixed-use-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Baum Realty Closes Sale of Chicago Mixed-Use Building\" \/>\n<meta property=\"og:description\" content=\"The two-story Andersonville property traded for almost $3 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/baum-realty-closes-sale-of-chicago-mixed-use-building\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-12-12T15:38:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T04:04:09+00:00\" \/>\n<meta name=\"author\" content=\"Mihaela Coste\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/5531-5539-N.-Clark-St.-Chicago.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/baum-realty-closes-sale-of-chicago-mixed-use-building\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/baum-realty-closes-sale-of-chicago-mixed-use-building\/\",\"name\":\"Baum Realty Closes Sale of Chicago Mixed-Use Building - 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