Quantum Brokers Deal for ‘Well Located” Logan Square Mixed-Use
Quantum Real Estate Advisors brokered the sale of a 10-unit mixed-use building at 2569 W. Milwaukee Ave. in Chicago’s Logan Square neighborhood. The property sold for $3,625,000.
After 40 years of ownership, the sellers turned to Quantum’s Chad Firsel and Clay Maxfield to market the property for sale. It sold to a local buyer with multiple holdings in Chicago and the surrounding areas. Firsel and Maxfield represented both the seller and buyer.
“2569 Milwaukee may be the best address in all of Logan Square,” said Maxfield. “This property is positioned directly on the hard corner of Milwaukee and Logan; it just doesn’t get better. We were able to procure multiple offers and over 12 tours in a very short period of time.”
Firsel added, “This asset is testament to the fact that no matter where rates are and/or are headed, well located real estate at the right basis will transact.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).