Marcus & Millichap closes sale of $6.3 million retail portfolio in La Grange

Marcus & Millichap closes sale of $6.3 million retail portfolio in La Grange

Marcus & Millichap negotiated the sale of a three-building, medical anchored retail portfolio in downtown La Grange, Illinois, for $6,345,000. Adrian Mendoza, Sean Sharko and Austin Weisenbeck of the Sharko | Weisenbeck | Mendoza Group from Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a private investor who is a long-term owner of properties in La Grange. Located at 500-522 W. Burlington Ave., the 34,279-square-foot, 12-suite portfolio spans an entire downtown block directly across from the Stone Avenue Metra Station. Long-operating tenants include Duly Health Care and Corte Dental, alongside national brands such as Rush Physical Therapy, Mathnasium and Berkshire Hathaway HomeServices.