TWO CHICAGO INDUSTRIAL PROPERTIES SELL FOR COMBINED $1.6 MILLION
Chicago, Ill. (May 25, 2021) — Coldwell Banker Commercial (CBC) announces the sale of two separate industrial properties located in Chicago for a combined sale price of $1.6 million. James Hodur, Coldwell Banker Commercial NRT senior commercial executive and Coldwell Banker Commercial NRT associate Benjamin Miotti both represented the seller.
The 9,400 square feet building, located at 1883-1885 W. Fullerton Ave. was built in 1930 and sits on 0.16 acres of land, and the 6,250 square feet land site at 2337-2339 N. Elston Ct. sits on 0.14 acres of land. The buyer plans to redevelop the property for new medical use with a parking lot located across the street.
“This combined industrial sale shows the continued strength of the development market in the Elston, Damen and Fullerton areas following the recent additions of national chain restaurants and an urgent medical care center located nearby,” said Hodur.
About Coldwell Banker Commercial NRT
Coldwell Banker Commercial NRT, the local affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition, and disposition of all property types. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com
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