Nomad Investment Group, LLC Acquires Industrial Property In South Elgin For $2.7M

A truck maintenance facility in South Elgin has been sold for $2.7 million. The property, located at 1790 Gilpen Avenue, spans a total of 21,627 square feet. It features 20 drive-in doors, office space, and benefits from its convenient location with immediate access to I-90. The transaction was facilitated by Lee & Associates.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $2,700,000
• Square Footage: 21,627
• Address: 1790 Gilpen Avenue, South Elgin
• Market: South Elgin

Leading the deal were John M. Joyce, Kenneth Franzese, and John Cassidy of Lee & Associates. They represented the buyer, Nomad Investment Group, LLC, and the seller, Rock Investment Group, LLC.