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FRONTLINE CLOSES SALE OF MIXED-USE BUILDING IN NORTH RIVERSIDE

Published on May 21st, 2015

NORTH RIVERSIDE, IL–(May 21, 2015) – Frontline Real Estate Partners closed the sale of an 8,250 square foot mixed use building located at 7924 W. 26th Street in North Riverside, Illinois. The three-story building consisting of four 2-bedroom apartments and two retail storefronts was fully occupied at the time of sale. Frontline listed the property for sale on behalf of a bank that took ownership through foreclosure. Multiple offers were procured to purchase the property within the first two weeks of taking it to market. The property ultimately sold for 96% of the $595,000 asking price on May 21, 2015, within three months of listing the property.

About Frontline Real Estate Partners

Frontline Real Estate Partners, LLC is a Chicago-based real estate investment and advisory company with expertise in the acquisition, management, disposition, and leasing ofcommercial real estate properties throughout the United States.Founded in 2010, Frontline invests in value-add properties and provides transactional and advisory services to banks, financial institutions, and owners with a focus on the real estate restructuring industry.

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Frontline Real Estate Partners, LLC

477 Elm Place
Highland Park, IL 60035

info@frontlinerepartners.com
Monday - Friday : 9am - 5pm

(847) 780-8065

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