July 10, 2024

Greenstone Partners closes sale of two-tenant retail building in Chicago’s Lincoln Park

2471 N. Clark Street Exterior - Closed by Greenstone Partners

Greenstone Partners sold 2471-2479 North Clark Street, a 4,350-square-foot two-tenant corner retail building on 5,208 square feet of land along North Clark Street and West Roslyn Place in Chicago.

The property is located in Chicago’s East Lincoln Park neighborhood and is 100% occupied by Steve Quick Jeweler and Restore Hyper Wellness. The asset sold for $2.3 million or $529 per square foot.

Steve Quick Jeweler has been operating since 1986 and at the property since 1999 and recently signed a new 5-year net lease. Restore Hyper Wellness entered a new 10-year net lease, extensive renovation and upgrades to the premises. The property is one block from the eponymous Lincoln Park and 1/2 mile west of Lake Michigan.