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IllinoisRetail

Mid-America executes sale of Waukegan Plaza in suburban Chicago

March 7, 2023
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Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Waukegan Plaza, in Waukegan, Illinois. The 211,190-square-foot property was sold to a West Coast 1031 Exchange Buyer.

Waukegan Plaza is an 89% leased community retail center anchored by first in class national retailers located in the established Chicago suburb of Waukegan. The center features a complementary mix of national tenants including Ross Dress for Less, Burlington, dd’s DISCOUNTS, rue21, Shoe Carnival, Family Dollar, Rainbow, DTLR, Citi Trends, Cricket Wireless, GameStop, Subway, USPS, and Aaron’s Rental.

Mid-America Real Estate Corporation Principal Joe Girardi and Vice President Emily Gadomski were the exclusive brokers in the transaction on behalf a private seller.

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