JLL Secures $15.68M Loan For Retail Property At 1300 S. Milwaukee Avenue In Libertyville

1300 South Milwaukee Avenue, Libertyville, IL, USA

$15,680,000

$106/SF

Building Size

147,840 SF

Asset Type

Retail

Closing

Oct 21, 2020

AI

Located at 1300 S. Milwaukee Avenue in Libertyville, this retail property spans an impressive 147,840 square feet. The recent transaction involving this asset took place on October 22, 2020.

Summary of transaction details

Property Type: Retail
Transaction Amount: $15,680,000
Market: Libertyville
Landlord: Sterling Organization

The deal was facilitated by JLL, with Christopher Drew, Brian Gaswirth, Christopher Knight, and Michael DiCosimo from their team representing the various parties. Along with JLL, an insurance company provided a non-recourse loan of $15,680,000 for a duration of 10 years, enabling the completion of the transaction.

Players