Business

Oak Brook office building sells for $4.5 million

Posted February 25, 2020 12:00 am

OAKBROOK TERRACE - Cawley Chicago recently brokered the sale of a 70,497 square foot office building at 915 Harger Road in Oak Brook for $4.58 million.

The building provides multiple amenities including a conference facility, breakroom/kitchen as well as additional building renovations which are currently underway. Cawley Chicago Tony Russo and Vice President Ryan Freed represented the buyer KMMRD Enterprises and Jane Stroebeck of Stroebeck Real Estate represented the seller, 915 Harger, LLC. Russo and Freed have been hired to act as the exclusive leasing representatives and Cawley Chicago Management will manage the property on behalf of new ownership.

"The property represents one of the many value-add opportunities that still exist in today's market. One of the challenges in these situations is pairing the asset with the right buyer," said Russo.

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