Executive Summary
Real Estate Broker Steven Rapoport represented the seller of the mixed-use building located at 2004 W Armitage. This property traded for $900,000 this is double the $450,000 price the seller paid 6 years prior. In 2013 Steven leased the retail space at 2004 W Armitage to 24 Karrots Juice Bar. The terms of the retail lease Steven negotiated helped the seller maximize the value of this asset. This property traded at a 5.7% capitalization rate.