3423-25 N Southport Ave

Chicago, IL

Location: Chicago
Neighborhood: Lakeview
Status: Realized
Acquisition Date: December 2012
Date Sold: January 2017
Asset Type: Neighborhood Street
Tenant(s): J.Crew, SoulCycle
Gross Square Footage: 10,000

At acquisition, 3423-25 N Southport included two retail tenants with near-term roll. Upon tenant expiration, L3 maximized rentable square footage by developing a two-story retail building to accommodate J.Crew on the ground and SoulCycle on the second floor.

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