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Chicago & Midwest  + Downtown  + Retail  |  October 19, 2023
Jasmine Kilman
By: Jasmine Kilman

7-Eleven Retail Space in DT Chicago JW Marriott Sells for $3.5M

Marcus & Millichap closed the sale of a 2,700-square-foot net-leased property located in Chicago. The asset, a 7-Eleven retail space located at 191 W. Adams Street on the ground floor of the JW Marriott Hotel, sold for $3.5 million, reported the Chicago Business Journal. Nicholas Kanich had the exclusive listing to market the property on behalf of the seller, a Chicago-based investor. The buyer was also secured and represented by Nicholas Kanich.

“The future of the Loop looks bright. With some of the buildings trading hands like the office building at 30 N. LaSalle and more people coming downtown, I expect things to continue to improve over the next six to 18 months,” Kanich told the Journal. The JW Marriott Hotel recently underwent a $396 million restoration, and the 7-Eleven property is located near Google’s new tech hub in the historic Thompson Center building.

Read More News Stories About: Google, Marcus & Millichap
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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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