Local Investor Purchases Retail Property At 2701 East Main Street In St. Charles For $1.9M

The property involved in this transaction is a retail asset located at 2701 East Main Street, St. Charles, IL. The property encompasses a total area of 4,083 square feet, with a sale price of $1,900,000. It is currently leased to two tenants, Dunkin’ and Options Medical, under net leases, and features a drive-thru.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,900,000
• Units: 4,083
• Price Per Unit: $465
• Market: St. Charles
• Brokers: Brewster Hague & Tommy Galvin - Greenstone Partners

Brewster Hague, AJ Patel, and Tommy Galvin represented the seller in this deal, which involved a local investor acquiring the two-tenant building through Greenstone Partners. This organization facilitated the transaction, ensuring all aspects were addressed during the sale process.