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MidwestCRE

American Bank & Trust Co. sells Carol Stream property

Staff Writer April 5, 2017
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Podolsky Northstar CORFAC International has once again completed the sale of a bank-owned REO property. On behalf of American Bank & Trust Co. in Geneva, Podolsky Northstar has sold 27W021 St. Charles Road in Carol Stream.

A high volume contractor’s yard on 2.88 acres, the property included two buildings totaling approximately 6,000 square feet: one containing front offices and a shop, the other a truck repair and storage facility. A private party acquired the property. Terms of the transaction were not disclosed.

Randy D. Podolsky, SIOR, managing principal and Adam J. Tarantur, senior vice president represented American Bank & Trust Co. in the transaction. Steve Butkus of Guerard, Kalin & Butkus provided legal representation to the seller.

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