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HANOVER PARK AND ORLAND PARK, ILL. — Chad Firsel of NAI Hiffman has arranged two retail transactions in the Chicago area. A Chicago-based private developer sold a 3,903-square-foot, multi-tenant retail center to a Chicago-based private investor for $1.85 million. Located across the street from the redeveloped Metra Station in Hanover Park, the center is anchored by Starbucks Coffee, Jackson Hewitt and T-Mobile.
In Orland Park, Firsel acted as the sole broker for a $3.3 million land sale located at 16153 S. LaGrange Rd. The pad site, which houses a freestanding Houlihan’s restaurant, was sold by a local developer to Juan Tamayo of Orland Park.