REBusinessOnline

121,000-SQUARE-FOOT MIXED-USE PROPERTY SELLS FOR $12 MILLION IN ILLINOIS

LINCOLNSHIRE, ILL. — An undisclosed buyer has acquired Village Green, a mixed-use commercial property located at the corner of Milwaukee Avenue and Half Day Road in Lincolnshire. The 121,000-square-foot property is 80 percent leased by a mix of tenants, including national and local retail, office, medical and restaurant tenants. Anchored by Flatlanders Brewery, the property sold for $12 million or approximately $100 per square foot. Jeff Baasch, Dan Elliot and Sean Lutz of Sperry Van Ness represented the buyer in the transaction.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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