Marcus & Millichap Inc.
06/18/2026 | Press release | Distributed by Public on 06/18/2026 16:35
Marcus & Millichap Arranges $6.6M Sale of Mixed-Use Property in Chicago’s Lincoln Park Neighborhood
Press Releases
Marcus & Millichap Arranges $6.6M Sale of Mixed-Use Property in Chicago's Lincoln Park Neighborhood
June 18, 2026
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CHICAGO, June 18, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 935-937 W. Armitage Ave., a mixed-use multifamily and retail property in Chicago's Lincoln Park neighborhood. The property sold for $6,600,000.
"This offering attracted significant interest due to its A+ Lincoln Park location, upside in the multifamily rents, newly signed lease with Wintrust Bank and prominent corner presence," said Kyle Stengle, senior managing director investments. "The buyer plans to invest in both the interior and exterior of the property to further enhance the asset. We continue to see strong demand for well-located multifamily and mixed use properties, driven by a healthy rental market and Lincoln Park's irreplaceable location."
Stengle, investment specialist in Marcus & Millichap's Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, 935 W. Armitage (Chicago), LLC, and procured the buyer, 935 Armitage, LLC.
935-937 W. Armitage Ave. features eight multifamily units and a retail space occupied by Wintrust Bank. The multifamily component includes a mix of one-, two- and three-bedroom units across 9,745 rentable square feet. Located along the Armitage Avenue retail corridor, the property is within walking distance of restaurants, boutiques and neighborhood-serving retail, and offers convenient access to the CTA Brown and Purple lines at Armitage Station.
"This offering attracted significant interest due to its A+ Lincoln Park location, upside in the multifamily rents, newly signed lease with Wintrust Bank and prominent corner presence," said Kyle Stengle, senior managing director investments. "The buyer plans to invest in both the interior and exterior of the property to further enhance the asset. We continue to see strong demand for well-located multifamily and mixed use properties, driven by a healthy rental market and Lincoln Park's irreplaceable location."
Stengle, investment specialist in Marcus & Millichap's Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, 935 W. Armitage (Chicago), LLC, and procured the buyer, 935 Armitage, LLC.
935-937 W. Armitage Ave. features eight multifamily units and a retail space occupied by Wintrust Bank. The multifamily component includes a mix of one-, two- and three-bedroom units across 9,745 rentable square feet. Located along the Armitage Avenue retail corridor, the property is within walking distance of restaurants, boutiques and neighborhood-serving retail, and offers convenient access to the CTA Brown and Purple lines at Armitage Station.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on June 18, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 18, 2026 at 22:35 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]