1745 Northwind LLC Purchases Retail Center From Empsafe LLC For $2.9M In Libertyville

The transaction involves a retail asset located at 1745 Northwind Boulevard in Libertyville, which was sold for $2,900,000. The asset spans 20,000 square feet and has a price per square foot of $145. The property is fully leased, with Team Rehabilitation as the anchor tenant occupying 7,600 square feet under a lease agreement that extends through 2031.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,900,000
• Square Footage: 20,000
• Address: 1745 Northwind Boulevard
• Market: Libertyville
• Buyer: 1745 Northwind LLC
• Seller: Empsafe LLC
• Buyer's Representative: Randy Olczyk - Chicagoland Commercial Real Estate
• Seller's Representative: Brian Parmacek - Marcus & Millichap

Randy Olczyk represented the buyer, 1745 Northwind LLC, while Brian Parmacek acted on behalf of the seller, Empsafe LLC, during the transaction process. The sale was concluded on 08/07/2025, facilitating the transfer of this fully leased retail center to the new ownership.