NelsonHill has announced that the firm has represented a seller of an 82,000-square-foot industrial building at 5109 W. Lake for $4.25 million.
NelsonHill’s Mark Nelson, Michael Nelson, and Frank Melchert represented the seller, Joe Reina. The purchaser, Sam Scarlato, a private investor, was not represented.
The building, built in 2003, is situated on three acres of land and is 100% occupied by seven tenants including Johnstone Supply, Chicago Performance and A Moon Jump 4U. Features of the precast facility include 24′ clear ceiling height, 11,264 square feet of office space, four drive-in doors and 10 docks with levelers. The property offers 91 parking spaces and is well-located in between Chicago’s Midway Airport and O’Hare International Airport.
