Elmhurst, Illinois-based Darwin Realty has sold two industrial properties in DuPage County. The two properties combined for over 51,000 square feet and sold for around $3,000,000 total.
The first transaction was a sale-leaseback at 502 Vista Avenue in Addison, Illinois. Darwin’s principal, Noel S. Liston, and associate, Nick Krejci, were the sole brokers in the transaction. The seller, AIM, Incorporated will lease the facility back for the next several years. The building is 37,560 square feet and features 4,300 square feet of nicely appointed office and heavy power. The property was purchased by Westwind Industrial, a general contractor specializing in medical, industrial and commercial property reutilization, for $2,000,000.
In Glendale Heights, Illinois, Liston and Krejci represented the seller, Comtelco Industries, in the sale of their 13,500-square-foot facility at 501 Mitchell Road. The purchaser, IVM Chemicals, Inc., was represented by G. Pat Ryan with Combined Commercial Realty. IVM Chemicals, Inc. is a European-based distributor of industrial chemicals and pesticides and will occupy the building upon renovation, which is being completed by Peak Construction. The building was purchased for just under $1,000,000.
