Robert Zimmerman Acquires Retail & Apartment Building In Palatine From Unique Building I, LLC

The property located at 100 S Northwest Hwy, Palatine, IL, is a mixed-use asset encompassing 4,900 square feet. At the time of the sale, the property was approximately 55 percent leased. The asset consists of both retail and apartment spaces, with plans for the new owner to occupy the remaining vacant retail area.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: Not disclosed
• Address: 100 S Northwest Hwy, Palatine, IL
• Market: Palatine
• Buyer: Robert Zimmerman
• Seller: Unique Building I, LLC
• Buyer’s Representative: Randy Olczyk - Chicagoland Commercial Real Estate, Ray Okigawa - Chicagoland Commercial Real Estate
• Seller's Representative: Randy Olczyk - Chicagoland Commercial Real Estate, Ray Okigawa - Chicagoland Commercial Real Estate

Randy Olczyk and Ray Okigawa, both from Chicagoland Commercial Real Estate, facilitated the transaction representing Unique Building I, LLC in the sale. The purchaser, Robert Zimmerman, was also represented by Olczyk and Okigawa, who procured the buyer in this mixed-use property acquisition.