SVN Chicago Commercial Brokers Office Building Sale In Itasca For $1,950,000 With Strong Investor Interest

The property involved in this transaction is an office building located at 100 East Pierce Road in Itasca, IL. The building spans 15,818 square feet and was sold for $1,950,000, resulting in a price per square foot of $123. The asset was fully occupied by two tenants at the time of sale.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,950,000
• Square Footage: 15,818
• Price per Square Foot: $123
• Address: 100 East Pierce Road
• Market: Itasca, IL

The transaction was brokered by advisors Jennifer Hopkins, Olivia Czyzynski, and Lina Adamis from SVN | Chicago Commercial, who represented the seller. The deal attracted strong investor interest, which was linked to ongoing data center development in the Itasca submarket.