Property Description

Michael Weaver and Sean Mason of CRER, Inc. brokered a $3.5MM off market sale leaseback with Byline Bank to Mavrek Development at the corner of Belmont and Southport. The mixed used development will feature eight luxury 2- and 3- bedroom residential condos for sale with garage parking. Byline Bank signed a long term lease to remain as the ground floor commercial tenant.

The development is located just across the street from a proposed five-story, 24-unit, transit-oriented rental project replacing the single-story former Flat Top Grill building. Also nearby is the Tied House addition to Scubas Tavern at 3159 N. Southport Avenue and a four-story TOD at 3334 N. Southport Avenue.

Read full article: Michael Weaver and Sean Mason brokered a $3.5MM off market sale leaseback to Mavrek Development.

Address Map
Address Location
US
IL
Chicago
60657
Southport
3150
Ave

3150 N. Southport Avenue Chicago, IL 60657

3150 Southport Ave, Chicago, Illinois 60657

0 Sqft
$3,500,000
Listing ID #1284
Property Details
Listing Type : Sold Listing
Property Type : Retail
Price : $3,500,000
Listing ID : 1284
Building Size : 0 Sqft
Year Built : 0
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