Marcus & Millichap, a leading commercial real estate investment firm, recently facilitated the sale of 901 Ridgeway Avenue in Aurora, Illinois. The property is a 23,820-square-foot industrial storage facility that was sold for $2 million.
According to Jeff Rowlett, senior managing director investments at Marcus & Millichap’s Milwaukee office and the exclusive listing agent for the property on behalf of seller Ridgeway Partners LLC., there was high demand for industrial outdoor storage facilities in this area which resulted in multiple offers and a quick sale.
The buyer of this property was RDAA Express Inc., represented by Michael Kammes from Re/Max Commercial. Steven Weinstock also assisted with closing as Broker of Record in Illinois. This expansive lot spans over 3 acres and includes four buildings perfect for outdoor storage and parking needs. Located just 43 miles from downtown Chicago makes it an ideal location for businesses looking to expand their operations.
This transaction marks another successful deal arranged by Marcus & Millichap’s team of expert investment specialists who continue to connect buyers with lucrative opportunities across various markets nationwide.
