Sean Mason of CRER represented the buyer, Mavrek Development, in the purchase of 3817-19 N. Ashland Ave, Chicago, IL 60613, which closed for $2,800,000.

The former Zia’s Lago Vista restaurant site will be redeveloped by Mavrek into a 48-unit luxury apartment building. The project will feature studios, one- and two-bedroom units and will include amenity space that will grant tenants access to Peloton bikes, co-working space and outdoor grilling areas.