An industrial building located at 2240 West 75th Street in Woodridge has been sold for $14,700,000. The property spans 129,241 square feet, resulting in a price per square foot of $114. This transaction involved an off-market deal, representing a unique single-building trade in the institutionally dominated South I-55 Corridor.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $14,700,000
• Address: 2240 West 75th Street
• Market: Woodridge
• Square Footage: 129,241
• Price Per Square Foot: $114
• Buyer: Steve Murray - Terrazzo & Marble Supply Company
• Seller: Todd Naccarato - Molto Properties
• Brokers: Ryan Earley & Terry Grapenthin - Lee & Associates

The deal showcased the representation of buyer Terrazzo & Marble Supply Company by Ryan Earley and Terry Grapenthin of Lee & Associates. The seller, Molto Properties, was involved in closing this significant transaction in the industrial asset market, highlighting the efforts of professionals in handling off-market property deals.