A 45,000-sf manufacturing/warehouse facility at 345 Lakewood Ave., one-half mile east of Highway 41 in Waukegan, a northern suburb of Chicago, has been sold. The property was built in 1986 and set on a 3.8-acre site for expansion possibilities.

The purchaser, Doetsch Bros. Co., an earthmoving contractor, has been in business since 1912. It will relocate its operations from Prospect Heights, a northwest suburb, this fall.

Asking price for the property, which has clearance up to 31 ft. and 6,500 sf of office space, was $2.1 million. The seller was a local private investor, and the local office of CB Richard Ellis arranged the same.

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