SOLD
La Luz Bakery Acquires Retail Strip Center In Round Lake For $1.5M
649-655 Railroad Avenue
Retail
18,600 SF
18,600 SF
Sold 269 days ago
Summary
Sale
ILLINOIS
Retail
18,600 sqft
A retail strip center in Round Lake, IL has been sold for $1.5 million. The property, located at 649-655 Railroad Avenue, spans 18,600 square feet and has a price per square foot of $81. It is fully occupied and offers diverse tenant options. The retail center's prime location near the Round Lake METRA Station adds to its appeal in the market.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $1,500,000
- Square Footage: 18,600
- Address: 649-655 Railroad Avenue, Round Lake, IL
La Luz Bakery acquired the retail strip center from Mon Ami Realty, LLC. Rick Scardino from Lee & Associates represented the buyer, while Tyler Dechter from Baum Realty represented the seller in the transaction.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Rick Scardino & Tyler Dechter
DATE: 08/08/2023
ADDRESS: 649-655 Railroad Avenue
MARKET: Round Lake
ASSET TYPE: Retail
BUYER: La Luz Bakery
SELLER: Mon Ami Realty, LLC
BUYER'S REP: Rick Scardino - Lee & Associates
SELLER'S REP: Tyler Dechter - Baum Realty
SALE PRICE: $1,500,000
SF: 18,600 ~ PPSF: $81
NOTE: Lee & Associates brokered the $1.5 million purchase of a 18,600-square-foot retail strip center in Round Lake, IL. The property is fully occupied with diverse tenants and located near the Round Lake METRA Station.View on map
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Address649-655 Railroad Avenue
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