Chicago, IL (July 22nd, 2022) – Quantum Real Estate Advisors, Inc. has brokered the sale of a 17,342 SF multi-tenant retail building located at 16124 S. La Grange Road in Orland Park, IL. The property sold for $2,405,000. At the time of sale, the property was fully occupied by Children of America and Bear Paddle. The buyer is a private real estate investor group located in Chicago. The seller is a national development company based in San Diego.
Chad Firsel, President, had the following comments regarding the transaction, “This property provides a nice synergy to our client’s local real estate portfolio. Service-based retail, long-term tenancy, and the location within Orland Park were additional factors which made this piece attractive.”
Quantum Real Estate Advisors, Inc. (www.QREAdvisors.com) specializes in investment sales brokerage, assisting clients in the acquisition and disposition of commercial real estate. Quantum has the capacity through strategic alliances to offer full-service leasing brokerage, receivership, management, and financing.