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Marcus & Millichap’s Stengle Finalizes Sale of Wrigleyville New Construction
Marcus & Millichap closed on the sale of The Erikson, a 36-unit apartment property located in the North Side’s Wrigleyville neighborhood. The undisclosed buyer paid $17,100,000.
Kyle A. Stengle, an investment specialist in Marcus & Millichap’s Chicago Downtown office, handled the transaction. The seller wasn’t disclosed.
Delivered to the market earlier this year by JAB Real Estate, The Erikson is located at 3728 N. Lake Shore Dr. It consists of 36 one-bedroom apartments. Marcus & Millichap says the property is unique in offering 36 parking spaces, along with a very large rooftop deck. Assets like this seldom come to market, according to Marcus & Millichap.
- ◦Sale/Acquisition


