Celli Investment Holdings, LLC Acquires Industrial Building From RBJS, LLC For $895,000 In Itasca

A 13,600-square-foot industrial building located at 125 North Prospect Avenue in Itasca, Illinois, was sold for $895,000. The asset was previously owned by RBJS, LLC and is positioned within a prime market that appeals to various buyers. The property was strategically repositioned to attract both office and industrial buyers, which contributed to the sale process.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $895,000
• Buyer: Celli Investment Holdings, LLC
• Seller: RBJS, LLC
• Broker Representation: Dustin Albers & Michael Adams - Lee & Associates; Adam Fortino - KW Commercial
• Square Footage: 13,600
• Price Per Square Foot: $66

The transaction was facilitated by Lee & Associates of Illinois, which effectively managed the sales process by generating four competitive offers. This resulted in securing the highest-priced bid, alongside a rapid closing timeline, demonstrating the brokerage's efficiency in handling the sale.