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Executive Summary

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.

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Property Location

Chicago » 60657 » 3150 N. Southport Ave

Property Details

Status	Closed
Listing Type	For Sale
Property Type	Retail
Size	1,000 Sq. Ft.
Price	$3,500,000

Broker Contact

Michael Weaver

Mobile: (312) 446-5018

Office: (773) 327-9300

Email: MichaelW@crer.com

vCard: Download

Sean Mason

Mobile: (773) 412-7582

Office: (773) 327-9300

Email: SeanM@crer.com

vCard: Download

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