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MidwestCRE

Essex Realty Group brokers sale of retail strip center

Staff Writer April 5, 2017
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Essex Realty Group Inc. has brokered the sale of 11111-19 179th St., a 6,015-square-foot strip center located in Orland Park.  The property is situated close to the high-traffic intersection of Wolf Road and 179th Street and benefits from its close proximity to national retailers such as Jewel-Osco, Walgreens, Jimmy John’s and Starbucks.

The property is a single-story, free-standing building containing two commercial spaces measuring 1,215 square feet and 4,800 square feet, and includes approximately 34 exterior parking spaces.  Currently, the 1,215-square-foot space is occupied by Great Clips.  The adjacent space was previously occupied by a Blockbuster video store.

Doug Fisher and Matt Welke of Essex were the brokers in the transaction.  The price was approximately $650,000.

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