“We were very excited to represent such an iconic developer in Chicago,” said Stofflet. “The unique execution included an international buyer and an assumption of Agency financing.”

“Although we cannot comment to specific pricing, the price per unit for the asset was around $525,000, which represents one of the top sales prices in the neighborhood,” added Stevens.

Cushman & Wakefield’s Multifamily Group is wrapping up a marketing campaign on a similar mixed-use Class A property at nearby 1313 W. Randolph in the West Loop’s Fulton Market District.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.