Marcus & Millichap Sells Westchester Development Site On Mannheim Rd For $1.8M

An industrial development site located at 1107 S. Mannheim Road in Westchester, Illinois has been sold for $1,800,000. The site encompasses 2.98 acres, resulting in a price per acre of approximately $604,027. The transaction took place on April 1, 2021 and was facilitated by Richard Kozarits, Tammy Saia, and Tami Andrew from the brokerage firm Marcus & Millichap.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,800,000
• Address: 1107 S. Mannheim Road, Westchester, IL
• Market: Westchester, IL
• Broker: Richard Kozarits, Tammy Saia, and Tami Andrew - Marcus & Millichap

The sale of this development site at 1107 S. Mannheim Road highlights its potential for future development and investment opportunities. With a size of 2.98 acres, the property offers ample space for new construction or repurposing. Located in Westchester, Illinois, the site benefits from its strategic location in a growing market.