SVN | Chicago Commercial closed the sale of a 34,536 square-foot, single-story, multi-tenant Class-C office building at 455 Kehoe Blvd. in Carol Stream, Illinois.
The Next Level Team at SVN | Chicago Commercial, Jennifer Hopkins, Olivia Czyzynski, and Caitlin Crawford, managed the transaction, ensuring a smooth and expedited closing process.
The property was acquired by an out-of-state investment group with plans to lease the suite out as office and flex office spaces. This strategic repositioning underscores the growing demand for versatile commercial real estate solutions in the market.
The due diligence phase proceeded seamlessly, allowing the transaction to close ahead of schedule. SVN | Chicago Commercial represented the buyer in this transaction, highlighting their commitment to delivering exceptional service and facilitating efficient real estate transactions.
The asset sold for $1.4 million, reflecting the strong investment potential and attractive opportunities within the Carol Stream market. This sale exemplifies SVN | Chicago Commercial’s expertise in navigating complex deals and fostering robust relationships with both local and national investors.
