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SOLD: 21,627-SF truck maintenance facility
1790 Gilpen Avenue, South Elgin, IL
|
Rosemont, IL. — Lee & Associates, one of
the largest national commercial real estate providers, negotiated the $2.7M
sale of 21,627-SF truck maintenance facility located at 1790 Gilpen Avenue,
South Elgin. The transaction closed on June 21, 2023.
 |
| Kenneth Franzese |
Lee & Associates represented both the
buyer and the seller. Kenneth Franzese and John Cassidy,
Principals, represented the seller, Rock Investment Group, LLC. John M.
Joyce, Senior Associate, represented the buyer, Nomad Investment Group,
LLC.
The building, featuring 20 drive-in doors and
1,904 square feet of office space, is an active terminal being used by the
buyer.
 |
| John Cassidy |
“The transportation industry remains active in
Chicago’s Northwest suburbs with Industrial Outside Storage (IOS) facilities in
high demand,” said Cassidy.
“The Gilpen property has the added benefit of
well-located, most notably with immediate access to I-90.”
CONTACT:
David Ebeling
Ebeling Communications
949.861.8351
949.278.7851 (Cell)
david@ebelingcomm.com
Member of the National Association
of
Real Estate Editors (NAREE)
“PR Strategist for the Commercial Real
Estate Industry: I do what I love and love what I do.”
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