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Net-leased retail property in Evergreen Park sells for $1.4 million

May 11, 2020
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Marcus & Millichap secured the sale of Evergreen Park Towne Center, a 7,785-square-foot retail property located in Evergreen Park, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $1,415,000.

Austin Weisenbeck, senior vice president, and Sean R. Sharko, senior vice president and investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a private investor.  

Evergreen Park Towne Center is located at 8730 S. Kedzie Avenue. The property procured multiple offers and a deal was made with a local 1031 exchange buyer.

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1031 exchangeevergreen parkMarcus & Millichap
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