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IllinoisOffice

Marcus & Millichap brokers $6.75 million sale of Hartford Business Centre in Bensenville

September 22, 2022
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Marcus & Millichap brokered the $6.75 million sale of the Hartford Business Centre, a 66,853-square-foot, multi-tenant office complex at 729-765 N. Route 83 in Bensenville, Illinois. The property garnered multiple offers and closed at nearly full list price.

Located in DuPage County less than a mile west of O’Hare International Airport, Hartford Business Centre sits near Interstates 290, 294, 90 and 355, providing access to both downtown Chicago and surrounding suburbs.  

Marcus & Millichap Vice President Investments Peter Doughty and Associate Brent Holder, both based in the firm’s Chicago Downtown office, represented the seller, a California-based private investor. The buyer, a local private investment fund, was represented by Avison Young.

Hartford Business Centre’s three single-story buildings, constructed in 1975 and 1985 and renovated in 2022, contain 45 total units ranging from 759 to 5,708 square feet. At the time of sale, the property was 97.43% occupied and has maintained over 90% occupancy since the beginning of the COVID-19 pandemic.

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