Faropoint Acquires Industrial Property In Glendale Heights, IL For $2.2M

Located at 561 Mitchell Road in Glendale Heights, IL, this industrial property has been sold in a recent transaction. The property spans 30,000 square feet and features a sale price of $2,200,000, resulting in a price per square foot of $73. The sale took place on July 1, 2021.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $2,200,000
• Address: 561 Mitchell Road, Glendale Heights, IL
• Market: Glendale Heights, IL
• Buyer: Faropoint - Jordan Kovalsky
• Seller: Shah Badah Living Trust
• Seller's Representative: Transwestern

In this transaction, Faropoint represented by Jordan Kovalsky acted as the buyer, while the Shah Badah Living Trust served as the seller. Transwestern represented the seller in the deal. These key individuals and companies played a significant role in the successful completion of this transaction.