Marcus & Millichap facilitated the sale of a net-leased Jewel-Osco property in La Grange Park, Illinois, for $9.05 million.
Adrian Mendoza, Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a life insurance company.
The 46,637-square-foot building is located at 507 E. Woodlawn Ave., less than a mile from downtown La Grange and the La Grange Road Metra Station. Jewel-Osco has operated at the site since it was built in 1964 and recently signed a 20-year lease extension through May 2044.
