Peter Doughty Of Marcus & Millichap Represents Private Seller In $5.8M Industrial Sale In Wheeling

The asset involved in the transaction is a 72,000 square foot industrial property located at 100 Chaddick Drive in Wheeling, IL. It has a sale price of $5,800,000 and spans across 4 acres, reflecting a price per square foot of $81.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,800,000
• Address: 100 Chaddick Drive
• Market: Wheeling
• Acres: 4
• Square Footage: 72,000
• Price Per Square Foot: $81

Peter Doughty of Marcus & Millichap represented the private seller in the transaction, facilitating the sale to a private out-of-state investor. The deal is noted for its stable cash flow and potential for value addition.