Inland Real Estate Brokerage Sells LaGrange Retail Condos
OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Real Estate Brokerage & Consulting, Inc. (“Inland Brokerage & Consulting”) announced today the successful sale and closing of multi-tenant retail condos on La Grange Road in the heart of downtown La Grange.
Constructed in 2007, the property consists of four retail units, totaling approximately 10,000 square feet, and is 100 percent occupied. The property is located within walking distance of the La Grange Metra Station and offers free parking in a nearby multi-story municipal garage.
Paul Montes and Eric Spiess, vice presidents of Inland Brokerage & Consulting, were the exclusive brokers in this transaction.
“This stretch of La Grange Road is very popular due to its many dining and shopping venues,” said Montes. “The unique shops and multitude of restaurants draw customers year round.”
“The nature of retail space that has been developed as condominiums remains a challenging product in this market,” said Paul Rogers, president of Inland Brokerage & Consulting. “Nevertheless, given the quality of this product and its ideal location, we were able to generate a robust purchasing marketplace for this offering within a few months of engagement.”
Business Wire - January 25, 2017 11:30 AM Eastern Standard Time