Marcus & Millichap Facilitates $4.2M Walgreens Retail Sale In Machesney Park

The property involved in the transaction is a 14,490-square-foot retail asset located at 1680 West Lane Road in Machesney Park. The sale price for this property was $4,200,000, amounting to $290 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,200,000
• Address: 1680 West Lane Road
• Market: Machesney Park

The deal was facilitated by Dan Yozwiak, Darpan Patel, Joe Sparano, and Steven Weinstock of Marcus & Millichap. The seller, a limited liability company, was represented by Joe Sparano, Dan Yozwiak, and Darpan Patel. Steven Weinstock of Marcus & Millichap played a role in assisting the local buyer in completing a 1031 exchange for the property.