Unilev Management Acquires Elk Grove Village & Schaumburg Package Deal For $8.25M

The package deal of properties located at 701 Gullo Avenue (147-225 Stanley Street) and 1201 Remington Road in Elk Grove Village and Schaumburg has been sold for $8,250,000. The total square footage of the properties is 108,000, resulting in a price per square foot of $76. The transaction took place on April 21, 2023.

Summary of transaction details

• Property Type: Package Deal
• Transaction Amount: $8,250,000
• Address: 701 Gullo Avenue (147-225 Stanley Street) & 1201 Remington Road
• Market: Elk Grove Village & Schaumburg

The buyer of the properties was Unilev Management, while Trident Capital acted as the seller. The deal was facilitated by Harrison Wagenseil from CBRE and Ross Lehrman, Joe Karmin, Justin Lerner, and Erik Coglianese from Transwestern. They served as brokers in the transaction, representing their respective parties.