Illinois Corporation Sells Grand Plaza East Retail Center In Waukegan For $2.8 Million

The property asset involved in the transaction is a retail center situated at 2201 West Grand Avenue, Chicago, IL, covering an area of 36,018 square feet on a 2.91-acre lot. The sale was completed for a price of $2,800,000, translating to a price per square foot of $78.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,800,000
• Address: 2201 West Grand Avenue
• Market: Chicago, IL
• Asset Size: 36,018 square feet
• Price Per Square Foot: $78

The transaction involved the sale of Grand Plaza East, a retail center with five suites, which is anchored by Domino's Pizza. The brokers representing the seller in this deal were Adrian Mendoza, Austin Weisenbeck, and Sean Sharko from Marcus & Millichap, who played a significant role in procuring the buyer for this property.