Marcus & Millichap announced the sale of Long Grove, IL Portfolio, a 8,100-square foot retail property located in Long Grove, IL, according to Stephen K. Rachman, regional manager of the firm’s Chicago O’Hare office. The asset sold for $430,000.
Brian Parmacek, an investment specialists in Marcus & Millichap’s Chicago O’Hareoffice, had the exclusive listing to market the property on behalf of the seller, a limited liabilitycompany. The buyer, a developer, was secured and sourced by Brian Parmacek. The portfolio is located at 143,145, and 144 Old McHenry Road in Long Grove, Illinois.