John McDermott Represents Seller In Sale Of 4417 S Springfield Ave Chicago For $2M

The industrial building located at 4417 S. Springfield Avenue in Chicago’s Archer Heights neighborhood has a total area of 44,500 square feet and was sold for $2,000,000. This property is situated in the Chicago market and is noted for its significant loading capacity.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,000,000.00
• Address: 4417 S Springfield Ave, Chicago, IL
• Square Footage: 44,500
• Seller's Representative: John McDermott
• Buyer's Identity: Unknown

Beverly Hayes and John McDermott of SVN Chicago Commercial were instrumental in representing the seller during this transaction. The sale was completed within a six-month timeframe despite environmental hurdles that complicated the process. The buyer, a local company, chose the property primarily due to its advantageous location.