Marcus & Millichap Sell Geneva Rd Commercial Property In Carol Stream For $4.05M

The property involved in the transaction is a 10,980-square-foot commercial asset located at Geneva Rd, Carol Stream, IL, 60188. The property, a net-leased CVS property, was sold for $4,050,000.00. The sale was brokered by Marcus & Millichap. The transaction took place in Carol Stream.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $4,050,000.00
• Address: Geneva Rd, Carol Stream, IL, 60188
• Market: Carol Stream
• Seller's Rep: Matt Emerick(Marcus & Millichap), Sean Sharko(Marcus & Millichap)
• Buyer: Unknown
• SF: 10,980

The sale of the property at 26W212 Geneva Road in Winfield, Illinois, was facilitated by the partnership's seller representatives, Matt Emerick and Sean Sharko from Marcus & Millichap. The financing for the transaction was secured through Marcus & Millichap Capital Corporation, led by Dean Giannakopoulos and Frank Montalto. This transaction was noted as highly intricate by Steven D. Weinstock, the regional manager and first vice president of Marcus & Millichap's Chicago Oak Brook office, where the sale was executed.