Poarch Band Of Creek Indians Acquires Land At Interstate 80/294 For $25M

The property involved in this transaction is a piece of land located at Interstate 80/294 at Halsted Street in Homewood and East Hazel Crest, Illinois. The property is situated in the Illinois market and is being sold. The sale was finalized on 05/13/2022. The buyer of the property is the Poarch Band of Creek Indians, while the sellers are Mark & Jon Weglarz. The sale price of the property was $25,000,000. The total square footage of the land is 64,000, which equates to a price per square footage of $391.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $25,000,000
• Address: Interstate 80/294 at Halsted Street, Homewood and East Hazel Crest, Illinois
• Market: Illinois
• Buyer: Poarch Band of Creek Indians
• Seller: Mark & Jon Weglarz
• Sale Date: 05/13/2022
• Total Square Footage: 64,000
• Price per Square Footage: $391

Mark Weglarz and Jon Weglarz are the individuals representing themselves in this deal. They are the sellers of the property. No additional information about the individuals or companies involved in the transaction was provided.