Out-of-State Group Buys Carol Stream Office Building For $1.4M

The property involved in the transaction is a 34,536 sq. ft. Class-C office building located at 455 Kehoe Boulevard in Carol Stream, Illinois. The sale price for this asset was $1,400,000, resulting in a price per square foot of $41.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,400,000
• Address: 455 Kehoe Boulevard
• Market: Carol Stream
• Brokers: Caitlin Crawford, Jennifer Hopkins & Olivia Czyzynski - SVN | Chicago Commercial

The deal was facilitated by Caitlin Crawford, Jennifer Hopkins, and Olivia Czyzynski from SVN | Chicago Commercial. An out-of-state investment group purchased the property with the intention of leasing it as office and flex office spaces, catering to the demand for versatile commercial real estate solutions in the market.