North American Real Estate Group Acquires Retail Property In Glen Ellyn, IL For $30.2M

The retail property located at 525-613 Roosevelt Rd in Glen Ellyn, IL has been sold in a transaction that took place on 12/02/2021. The property spans across approximately 12.45 acres.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $30,200,000
• Address: 525-613 Roosevelt Rd, Glen Ellyn, IL
• Market: Glen Ellyn, IL
• Acres: 12.45

The buyer of the property is the North American Real Estate Group, while the seller is RPT Realty. The deal was facilitated by brokers Amy Sands, Clinton Mitchell, and Michael Nieder from JLL Capital Markets.

The retail property was sold for a total of $30,200,000. The total square footage of the property is 166,572, resulting in a price per square foot of $181.