chi-MarianosPalatine (2) Located at 545 N. Hicks Rd., the 71,324-square-foot building, which was constructed in 2011, sits on 6.5 acres of land in Palatine approximately 30 miles northwest of Chicago.

CHICAGO—Retail investors continue to regard properties used by Mariano’s Fresh Markets as some of the best opportunities in the Chicago area. Inland Private Capital Corp., through a subsidiary which serves as asset manager, recently facilitated the sale, on behalf of one of its 1031 investment programs, of the Mariano’s in Palatine, IL, to a private investor for a gross sale price of $29.025 million.

Located at 545 N. Hicks Rd., the 71,324-square-foot building, which was constructed in 2011, sits on 6.5 acres of land approximately 30 miles northwest of Chicago. Roundy’s Supermarkets, Inc., which includes such brands as Copp’s, Pick ‘n Save and Mariano’s, occupies 100% of the property.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

More from this author



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.