Marcus & Millichap brokered the sale of 3045-3055 MacArthur Blvd., a 49,140-square-foot industrial property in Northbrook, Illinois. The property sold for $5.65 million.
Peter Doughty, investment specialist in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller and procured the buyer, both local private investors.
The property is situated on 2.05 acres within the Sky Harbor Business Park and is fully leased to UK Abrasives, LLC. Built in 1974, the building features four exterior and four interior dock doors, as well as two drive-in doors. The property is less than 30 minutes from Chicago O’Hare International Airport.
