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 and constructed in 2003. The building is divided into two major units occupied Lincolnshire Business Center (unit 1000 – 12,386 SF) and Merchants and Manufacturers Bank (unit 990 – 3,475 SF). Within only a few weeks of marketing, the firm received multiple offers and the property was sold to a local investor. The Buyer acquired not only the building but the business as well: Lincolnshire Business Center which operates under a shared suites agreement by which 35 individual suites are leased to separate individuals (sub-tenants) such as counselors, architects, insurance agents, financial advisors, therapists and others. A special thank you to all parties involved in this transaction.
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