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MidwestMultifamily

Inland Real Estate Brokerage & Auctions closes on retail center, multifamily property

Staff Writer April 5, 2017
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Inland Real Estate Brokerage & Auctions Inc. has announced the sales of the Hartford Plaza retail center in Naperville for $4.52 million and a multifamily property in Chicago Heights for $730,000.

Hartford Plaza is a 43,762-square-foot retail center located at the high-traffic corner of 75th Street and Rickert Drive in Naperville.  The center is 100 percent leased with long-term tenants, including The Tile Shop, Nancy’s Pizza and Buffalo Wings & Rings.

Richard Kehoe, senior vice president, and Robert Wall, senior broker, both of Inland Real Estate Brokerage & Auctions, represented the seller in the sale of Hartford Plaza.

The second completed sale involved a 12-unit, multifamily property located at 10500 S. Parkside in Chicago Heights.  The building features nine two-bedroom/one-bath units, two one-bedroom/one-bath units, one three-bedroom/two-bath unit and 18 on-site parking spaces.

Eric Spiess, senior broker associate, and Paul Montes, senior commercial broker for Inland Real Estate Brokerage & Auctions Inc., represented the seller in the sale of the multifamily property.

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