FCA Acquires Industrial Land In Burr Ridge For $1.9M With Buyer's Rep Richard Kozarits

The property involved is a nearly 8-acre land site located at 11680 German Church Road in Burr Ridge, a southwestern suburb of Chicago. The sale price was $1.9 million, which equates to $237,500 per acre. This parcel was declared surplus property by the City of Burr Ridge and is situated about two miles east of Interstate 55.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,900,000.00
• Address: 11680 German Church Rd, Burr Ridge
• Market: Burr Ridge
• Buyer's Representative: Richard Kozarits (Marcus & Millichap)
• Buyer: FCA

Richard Kozarits of Marcus & Millichap represented the buyer, a private investor, in this transaction of the industrial property. The deal was arranged for the sale of the land site, providing valuable opportunities for the buyer and positioning them for future potential development or use of the property.