WAUKEGAN, IL–(September 30, 2013) – Frontline Real Estate Partners brokered the sale of 226 Sheridan Road in Waukegan, Illinois. The property is a prominent restaurant location at the corner of Grand Avenue and Sheridan Road in downtown Waukegan. The building is 3,580 square feet situated on 0.58 acres of land. The seller was a banking institution and the buyer was a real estate invetment group based in the northern suburbs of Chicago. The property sold in less than 45 days from when it was put on the market.
“The Frontline team led by Eric Jacobson executed a streamlined marketing process that yielded multiple competitive offers within weeks of taking the property to market,” according to Matt Darin, Principal of Frontline Real Estate Partners. “The sale price represents a market sale price achieved within a very short timeframe.”
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.