Golden Group Real Estate is pleased to announce the portfolio sale of 2 industrial buildings in the Little Village neighborhood of Chicago: 3100-3104 S Homan Ave, Chicago. The portfolio included a 12,000 SF vacant building and a 7,000 SF building occupied by an MPE-owned manufacturing steel business.
The next day after putting the properties on the market, the firm started receiving multiple calls and requests for showings. On Saturday the same week, Golden Group Real Estate organized an open house. As a result of the open house, the firm presented his client with 4 offers; two of them for the asking price.
The Seller reviewed all of the offers over the weekend and picked the one he thought most likely would conclude with a successful sale and would have a reasonable opportunity of benefiting his current tenant, the Ibarra Group. A few months later the sale was finalized, leaving all the parties involved extremely happy with the result.
If you are considering selling your commercial real estate assets, please reach out to Troy Golden at firstname.lastname@example.org for an opinion of value.