Real Estate
Lee & Associates of Il Negotiate a $600,000 Sale of a Retail Lot
The 1.75 Acre Parcel Planned to be a Future Car Wash Development in Aurora
Rosemont, IL. — July 25, 2023 — Lee & Associates, one of the largest national commercial real estate providers, negotiated a $600,000 sale of 1.75-acre retail lot located at 970 North Lake Street, Aurora, IL.
The Seller, Storage of America, was represented by two Lee & Associates agents: Rick Scardino, Principal at Lee & Associates of Illinois, and Herb Feldman, Executive Vice President at Lee & Associates of Indiana. David Brackney at TA Realty Partners represented the buyer, SFI Properties Aurora LLA.
A new state-of-the-art car wash will be constructed on this outlot, which will then kick start Storage of America’s planned redevelopment of its current vacant department store. Additional retail spaces will also be created as part of the recast of this space.
About Lee & Associates
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Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog. For more Lee & Associates of Illinois happenings, connect with us on LinkedIn, Twitter and Instagram.
