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SOUTH ELGIN, ILL. — An entity of a Northbrook, Ill.-based development company has purchased the 260,000-square-foot South Elgin Crossings shopping center from a national bank for $24 million. Located at the intersection of Randall Road and McDonald Road in South Elgin, the property houses Home Depot, Best Buy, PetsMart, Staples and Buffalo Wild Wings. Wells Fargo Bank financed the transaction. Chad Firsel of Quantum Real Estate Advisors represented the buyer in the transaction.