Marcus & Millichap Inc. has successfully brokered the sale of a retail property located at 1160 S. Michigan Ave. in Chicago's South Loop. Announced on May 15, 2025, the property features two long-standing tenants, Burger Bar Chicago and Elements Massage, both of which have recently renewed their leases. This transaction highlights the ongoing population growth and revitalization in Chicago's Central Business District. The property, positioned at the base of The Columbian residential tower and near the Roosevelt CTA station, benefits from high visibility and substantial foot traffic. The sale was managed by Marcus & Millichap's Mitchell Kiven and Nicholas Kanich, with Zam Investment LLC acquiring the property.
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