Chicago, IL (April 23, 2015) – Quantum Real Estate Advisors, Inc. has brokered the sale of a multi-tenant retail building located at 804 S. Elmhurst Rd. in Des Plaines, IL. The property was sold for $710,000. The property is shadow-anchored by a Jewel-Osco and Fifth Third Bank. The Seller was a local real estate investor based in Bartlett, Illinois. The buyer was a private real estate investor based in Northbrook, IL. Chad Firsel, President of Quantum Real Estate Advisors, Inc. was the sole broker in the transaction.
Mr. Firsel had the following comments regarding the transaction, “The buyer purchased a 100% vacant strip center in an affluent suburb with strong anchor tenants.” Mr. Firsel adds, “the buyer will create additional value by filling the vacancy.”
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.