The first sale consisted of 5,000-square-foot freestanding restaurant retail building located in Elmhurst, a suburb of Chicago. The building was formerly known as the Elmhurst Family Restaurant, a staple in the community for over 30+ years. Terms of the transaction were not disclosed. The building is situated on a ine-acre lot on a heavily traveled commercial corridor located at 441 W Lake St. The property was vacant at time of sale. George Spirrison, CCIM & Simeon Spirrison, CCIM of Adelphia Properties represented the seller, a local private user/ investor. A local Chicago-based private user/investor purchased the property.
The second sale that Adelphia Properties arranged was a 4,500-square-foot vacant freestanding restaurant building in Crystal Lake, a suburb of Chicago. The listing generated multiple offers. Terms of the transaction were not disclosed. The building is situated on .81 acres located at 394 W Virgin St. in Crystal Lake. George Spirrison, CCIM & Simeon Spirrison, CCIM of Adelphia properties represented the seller, a private Chicago-based real estate user/investor. A local Chicago-based private user purchased the property.