That included a Chicago-based investor, who paid $1.29 million for the property at 8000 N. Waukegan Rd., a location in a middle-income census tract where the medium family income is $68,198.
"We didn't just put a sign on the building and hope it would sell," says Inland Real Estate Sales Inc. associate Joseph R. Jankovsky, who handled both end of negotiations. "We worked with the owner to bring in new tenants and make the leases more attractive to potential investors." Turano Partnership acquired the retail asset in 1997 in a Cook County sheriff's sale.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
