Marcus & Millichap closed the sale of Park Lawn Plaza, a 13-suite retail property in Oak Lawn, Illinois, for $4,475,000.
Adrian Mendoza, Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a local real estate investment company.
Park Lawn Plaza is situated on 2.48 acres at 9600 S. Pulaski Road. The 13-suite property totals 24,685 rentable square feet and is 84 percent occupied. The property features a mix of restaurant, retail and service-based tenants. The center benefits from high traffic counts, strong visibility and nearby national retailers including Amazon Fresh, Target and The Home Depot.
