Out-of-State Group Acquires 22-Suite Retail Property In Naperville For $7 Million

A 22-suite retail property located at 1550 North Illinois Highway 59 in Naperville was recently sold for $7,000,000. This transaction involved a professional ownership group from out-of-state acquiring the asset, reflecting a significant investment in the retail market of Naperville.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,000,000
• Address: 1550 North Illinois Highway 59
• Market: Naperville

The brokers representing the seller were Sean Sharko, Austin Weisenbeck, and Adrian Mendoza from Marcus & Millichap, facilitating the transaction through their expertise in the commercial real estate sector.