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IllinoisIndustrial

Cawley Chicago sells Avondale industrial building

July 29, 2021
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Cawley Chicago is pleased to announce the recent sale of a 15,000 square foot industrial building in the highly sought-after neighborhood of Avondale.

Located at 2419 W. George Street, the facility sits on a 20,491 square foot land site with current M1-2 zoning. Cawley’s team consisting of Zach Pruitt, Nicholas Schaefer, Frank Melchert and Stevan Arandjelovic represented to the seller, Precision Forming & Stamping in this transaction.

Since 1955, Precision Stamping Company has served Illinois and almost 40 of those years were spent at their 2419 W George location. The owners of the building decided it was time for the next chapter of their life and sold their business.

“We were able to bring a new life cycle for the building, bringing in a local business who will use the space to accommodate their growing inventory and sales” says Schaefer. The undisclosed buyer was represented by David Brown from Harrington Brown. 

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