Canadian Millwork Company Expands Into Chicago With Purchase Of 18,000 SF Industrial Building For $1.433M

An industrial building located at 3450 North Kostner Avenue in Chicago, IL, was sold for $1,433,000. The property encompasses 18,000 square feet, equating to a price per square foot of $80.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,433,000
• Square Footage: 18,000
• Address: 3450 North Kostner Avenue
• Market: Chicago, IL
• Broker: Tim Newberg - SVN | Chicago Commercial

This transaction involved a Canadian millwork company that acquired the property as part of its expansion into the Chicago market. The buyer was attracted to the building due to its heavy power capabilities, high ceilings, loading access, and proximity to major transit routes.