Office N Illinois

Elgin office building sells for $1 million

Elgin office building sells for $1 million,ph1

Marcus & Millichap announced the sale of a 9,562-square-foot, two-tenant office building located at 452 N. McLean Boulevard in Elgin, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The 100-percent leased property sold for $1,000,000.

Tami Andrew, an associate, and Tammy A. Saia, first vice president investments, in Marcus & Millichap’s Chicago Oak Brook office, exclusively marketed the property on behalf of the seller, a private investor. The buyer was an out-of-state buyer in a 1031-exchange.