Marcus & Millichap Arranges the Sale of a 67,879-Square-Foot Industrial Building in Illinois

LAKE BLUFF, Illinois, February 8, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 29778, 29870, 29990 North Skokie Highway, a 67,879-square-foot industrial property located in Lake Bluff, Illinois. The asset sold for $9,995,000.

Adam Abushagur, Nicholas Kanich and Tyler Sharp, investment specialists in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, a private investor.

29778, 29870, 29990 North Skokie Highway is located at 29870 N Skokie Hwy in Lake Bluff, Illinois. The property consists of two multi-tenant industrial buildings that feature ample outside storage space. With proximity to I-94, this site attracts a diverse tenant base in the transportation, automotive, and contracting industries

 

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About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.