• Fri. Jan 14th, 2022

Chicagoland Commercial Real Estate negotiates four sales of commercial condos

ByWillie M. Evans

Feb 6, 2020

Chicagoland Commercial Real Estate, Inc (CCRE) recently negotiated the sale of four office condos in the Chicago metro. The transactions involved assets in Elgin, Itasca, St. Charles and Volo, Illinois.

CEMR represented TAAG Genetics in the acquisition of a 9,425 square foot condominium office / warehouse located at 3710 Illinois Avenue in St. Charles. TAAG Genetics is an international biotechnology company that focuses on a holistic and functional approach to optimizing the microbiological safety of food. President Randy Olczyk, along with Senior Vice President Ray Okigawa, represented the buyer in the recent sale transaction and Mark Coleman of Coleman Land Company represented the seller.

Olczyk and Okigawa represented vendor Global Justice Initiative, Inc. in the sale of a 2,624 square foot office condo located at 550 E. Devon in Itasca. Suzanne Marshall from Berkshire Hathaway represented the buyer Hardik Patel in the transaction.

Olczyk and Okigawa also represented vendor Ignite Funding LLC in the sale of a 2,000 square foot medical condominium office located at 1425 N. McLean Boulevard in Elgin. Amy Dillenburg from Coldwell Banker Real Estate Group represented the buyer during the acquisition. CEMR also acted as the property manager for the owner before the sale.

In the final transaction, Senior Vice President Tom Callahan and Olczyk represented a private investment group in the sale of a 4,410 square foot industrial condo located at 26639 W. Commerce Drive in Volo. Olczyk and Callahan also recruited and represented buyer David Ingrish on the acquisition.

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