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Illinois Private Investor Acquires Retail Center In Plainfield For $9 Million With Brett Berlin's Representation

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SOLD
$9,000,000

Illinois

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Retail55,073 SF
Sold 08/13/2025
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Property Image
SOLD

Illinois Private Investor Acquires Retail Center In Plainfield For $9 Million With Brett Berlin's Representation

12337 Illinois Highway 59

See Similar Deals
Retail55,073 SF
Sold 08/13/2025
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$163
Total Square Footage:55,073 SF
Transaction Type:Sale

A retail center located at 12337 S Route 59 in Plainfield was sold for $9,000,000. The property consists of 55,073 square feet and boasts a lease occupancy of 97%. It was purchased by a private investor from Illinois from a local family development firm.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $9,000,000
  • Square Footage: 55,073
  • Price Per Square Foot: $163
  • Market: Plainfield
  • Broker: Brett Berlin - Quantum Real Estate Advisors

Quantum Real Estate Advisors, represented by Brett Berlin, successfully facilitated the sale of the retail center. The transaction involved a private investor based in Illinois acquiring the property from a local family development firm.

Players

Brett Berlin
Quantum Real Estate Advisors
Brett Berlin
12 deals$55.2M volume(312) 683-9923
BROKER
Quantum Real Estate Advisors
Quantum Real Estate Advisors
BROKERAGE

Details

SOLD
IMAGE: Brett Berlin DATE: 08/13/2025 ADDRESS: 12337 S Route 59 MARKET: Plainfield ASSET TYPE: Retail BROKER: Brett Berlin (@Berlin_Brett) - Quantum Real Estate Advisors (@QREAdvisors_Inc) SALE PRICE: $9,000,000 SF: 55,073 ~ PPSF: $163 NOTE: Quantum Real Estate Advisors sold a 55,073 sq ft retail center in Plainfield for $9M, with 97% lease occupancy. The property at 12337 S. Route 59 was bought by an Illinois private investor from a local family development firm.

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Operating Income
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Net Operating Income (NOI)

$480,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
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