CBRE arranged the $3.2-million sale of 219 W. Chicago Ave., a boutique mixed-use property located in Downtown Chicago’s River North neighborhood. The transaction marks the first investment in Chicago for the international buyer.
Dominic Soltero, Tom Svoboda and John Saletta of CBRE represented the undisclosed seller. The property spans 19,615 square feet and features a creative loft office profile tailored to the city’s tech and creative sectors. Currently it’s 78% leased.
“This sale is a testament to the enduring strength of Chicago’s urban core and the global investor interest it continues to attract,” said Soltero. “River North remains one of Chicago’s most sought-after submarkets, with strong multifamily fundamentals, world-class retail, and unmatched connectivity. This closing reflects both the patience and strategic positioning of the seller, as well as the buyer’s confidence in the long-term fundamentals of River North.”
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