Posts Tagged: Chicago market
300 Gardner Expy, Quincy, IL – Hotel Redevelopment
Golden Group Real Estate is pleased to announce the sale of originally Ramada Inn and recently Eagle’s Nest Hotel in Quincy, IL. Quincy, known as Illinois’s “Gem City”, is located in west central Illinois on a bluff overlooking the Mississippi River. The hotel was originally built as a 129-room Ramada Inn in 1974 with 51 [...]
1000 Essington Rd, Joliet, IL 60435 – Multi-Tenant Office Investment
Golden Group Real Estate is pleased to announce the sale of a 100% occupied, high NOI multi-tenant investment opportunity located in the city of Joliet, Illinois which is 35 miles southwest of Chicago. 1000 Essington Rd is a +/- 15,861 square foot one-story office property with a basement, siting on +/- 1.96 acre of land [...]
22900 S Center Rd, Frankfort, IL – Development Land
Golden Group Real Estate is pleased to announce the sale of 68 acres of land, zoned I-1 and suitable for a variety type of industrial uses. The site is located at 22900 S Center Rd, Frankfort, IL, in the Frankfort Industrial Park. It has easy access to I-57 and in the close proximity to downtown [...]
Guzel Lubinski Recognized as a Top Performing Broker
Guzel Lubinski Recognized as a Top Performing Broker in Crexi’s Annual Platinum Broker Awards LOS ANGELES, CA, March 6, 2023 -- Crexi, the commercial real estate (CRE) industry's fastest-growing marketplace, data, and technology platform, today announced Guzel Lubinski as a winner of its annual Platinum Broker Awards, an awards program recognizing the highest performing [...]
15330-15350 Cicero Ave, Oak Forest, IL 60452 – Industrial Portfolio
Golden Group Real Estate is pleased to announce the sale of a 2-building industrial portfolio located at 15330-15350 Cicero Ave, Oak Forest, IL. A larger building of 9,000 SF was formerly used as an auto body shop. A smaller building of 2,500 SF was used as a retail auto sales business. The parking yard is [...]
3033 Ogden Ave, Lisle, IL – Multi-Tenant Medical Office Investment
Golden Group Real Estate is pleased to announce the sale of Midway Center, LLC. It is an 83.88% occupied, multi-tenant investment opportunity at 9.6% cap rate. This is a +/- 24,000 square foot three-story elevator office building, sitting on +/- 1.15 acres of land and constructed in 1978. The property is occupied by 15 strong [...]
206, 210-212 E Irving Park Rd, Wood Dale – 4-Building Retail Portfolio
Golden Group Real Estate is pleased to announce the sale of a great value-add investment opportunity: a portfolio of four adjacent retail buildings at 206, 210-212 E Irving Park Rd and adjacent apartment/restaurant building in Wood Dale, IL. Golden Group Real Estate represented a seller in this sale-leaseback offering. The portfolio generates a high net [...]
November 2022 Market Update
Warehouse demand is cooling down from red hot to medium hot. Industrial vacancy ticked up in the third quarter from 3% to 3.2%, as developers completed a record 148 million square feet. Warehouse tenants occupied 108 million square feet in the quarter, down 18% from the prior three months, in the first national quarterly decline [...]
1807-1817 Broadway St, Pekin, IL – Shopping Plaza
Golden Group Real Estate is pleased to announce the sale of Broadway Plaza shopping center located at 1807-1817 Broadway St, Pekin, IL. The firm represented the Seller and the Buyer in the sale of this 83.3% occupied value-add investment opportunity. We received multiple offers from local and out of state investors within the first months [...]
1155 N Main St, Glendale Heights, IL – Office Sale Lease-Back
We are pleased to announce that Golden Group Real Estate facilitated the sale of a 42%-occupied turn-key medical/office building located at 1155 N Main St, Glendale Heights, IL. The buyer secured a long-term lease with the seller in this sale lease-back opportunity. The property offered the new owner a stable return while providing an opportunity to [...]
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