California-based Private Partnership Sells Eastek International Leased Property In Vernon Hills For $2.4M

A mixed-use property located at 825 Corporate Woods Parkway in Vernon Hills, Illinois, has been sold for $2,400,000. The building spans 22,155 square feet and is fully leased to Eastek International. The site covers an area of 2.36 acres, contributing to its functional appeal in the market.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,400,000
• Square Footage: 22,155
• Address: 825 Corporate Woods Parkway
• Market: Vernon Hills
• Price Per Square Foot: $108
• Seller: California-based private partnership
• Buyer: Local Chicagoland investor
• Brokers: Brent Holder, Peter Doughty & Steven Weinstock - Marcus & Millichap

Marcus & Millichap arranged the transaction, facilitating the sale of the property from the seller to the buyer. The involvement of the brokerage highlights their role in managing the negotiation and successful completion of this deal.