Chicago, IL (December 21st, 2021) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single tenant building located at 924 East New York Street in Aurora, IL. The property sold for $926,500. At the time of sale, the property was occupied by Aaron’s Rent, a national rent-to-own retail store. The buyer is a private real estate investor based in Iowa. The seller is a local private real estate investor. Jason Lenhoff, Executive Vice President of Quantum, represented the seller in the transaction.
Mr. Lenhoff had the following comments regarding the transaction, “This particular transaction was very seamless. The investor was seeking an opportunity to acquire a single tenant free-standing building with a solid credit tenant.” Lenhoff continued, “The property is well located on the main thoroughfare between the Fox Valley regional trade market and the Hollywood Casino. This property will offer the investor a deal with a solid tenant and some upside.”
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.