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Chicago & Midwest  + Downtown  + Apartments  |  June 25, 2025
Jasmine Kilman
By: Jasmine Kilman

Multi-Tenant Retail Center In Irving Park Trades Hands

Greenstone Partners has completed the sale of 3951 N. Kimball Avenue, a multi-tenant retail center located in the heart of the Irving Park neighborhood in Chicago, Illinois, for $1.265 million.

The nearly 5,000-square-foot property features a 10-space parking lot and great street exposure with dual ingress/egress from Irving Park Road and Kimball Avenue. Upon closing, the asset was fully occupied by three tenants: Jet’s Pizza, CM Chicken and One Stop Shop.

All three tenants are encumbered under triple-net leases and possess several years of additional lease terms and option periods. Director Malek Abdulsamad of Greenstone Partners exclusively represented the purchaser in the transaction.

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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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