Press Releases
Marcus & Millichap Arranges $4.48M Sale of 13-Suite Retail Property in Oak Lawn, Ill.
November 18, 2025
OAK LAWN, Ill., Nov. 18, 2025 – 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 Park Lawn Plaza, a 13-suite retail property in Oak Lawn, Illinois, for $4,475,000.
“We received strong interest in Park Lawn Plaza, securing nine written offers from our national investor database and closing in just 79 days,” said Adrian Mendoza, senior managing director investments. “A local private investor was ultimately selected, attracted by the property’s solid fundamentals, including value-add potential in a well-located, unanchored strip center.”
Mendoza, Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a local real estate investment company.
Park Lawn Plaza is situated on 2.48 acres at 9600 S. Pulaski Road. The 13-suite property totals 24,685 rentable square feet and is 84 percent occupied. The property features a mix of restaurant, retail and service-based tenants. The center benefits from high traffic counts, strong visibility and nearby national retailers including Amazon Fresh, Target and The Home Depot.
“We received strong interest in Park Lawn Plaza, securing nine written offers from our national investor database and closing in just 79 days,” said Adrian Mendoza, senior managing director investments. “A local private investor was ultimately selected, attracted by the property’s solid fundamentals, including value-add potential in a well-located, unanchored strip center.”
Mendoza, Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a local real estate investment company.
Park Lawn Plaza is situated on 2.48 acres at 9600 S. Pulaski Road. The 13-suite property totals 24,685 rentable square feet and is 84 percent occupied. The property features a mix of restaurant, retail and service-based tenants. The center benefits from high traffic counts, strong visibility and nearby national retailers including Amazon Fresh, Target and The Home Depot.
# # #
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, 2024, the company had 1,712 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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
