Marcus & Millichap announced the sale of a 5,400-square-foot retail property located at 3574-3578 Court Street in Pekin, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset sold for $1,300,000.
Dominic Sulo and Matthew J. Wenger, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, exclusively marketed the property on behalf of the seller, a private investor. The buyer, also a private investor, was secured and represented by Sulo.
Located in the East Court Village Shopping Center, the building is occupied by Verizon Wireless and One Main Financial, which have been at the location for over 10 years and recently signed lease extensions.
