Industrial N Illinois

Marcus & Millichap facilitates sale of Itasca industrial building

Marcus & Millichap facilitates sale of Itasca industrial building,ph1

Marcus & Millichap closed the sale of 1431 Harmony Court, a 7,068-square-foot industrial property located in Itasca, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $515,000.

Tami Andrew, associate, and Tammy A. Saia, first vice president investments, in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The property—located less than one mile away from O’Hare International Airport—received 14 offers, sold for $20,000 over the asking price, all cash, and closed in 14 days.