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LandMark Real Estate Group sells pair of manufacturing buildings in Rockford area

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Mid-America Real Estate Corporation’s Net Lease Investment Sales team recently brokered the sale of a 2,500-square-foot Dunkin Donuts and a 1,400-square-foot Short Term Loans in the Chicago suburb of Glen Ellyn, Illinois.

Mid-America Real Estate Corporation’s Net Lease Investment Sales team recently brokered the sale of a 2,500-square-foot Dunkin Donuts and a 1,400-square-foot Short Term Loans in the Chicago suburb of Glen Ellyn, Illinois.

The properties are two adjacent parcels located at 651 and 661 Roosevelt Road in Glen Ellyn.Multiple offers were received in the first week of marketing, and the properties were ultimately purchased by a private Illinois buyer for full asking price of $1.685 million at a 6.75 percent cap rate.

Kevin Conway and Wes Koontz of Mid-America Real Estate Corporation represented the private seller in the transaction.