FOREST PARK, IL–(July 10, 2015) – Frontline Real Estate Partners has closed the sale of a 9,033 square foot retail strip center located at 1215 Harlem Avenue in Forest Park, Illinois. The property was 50% occupied at the time of sale with tenants including Subway, Cricket, Happy Chef, and Lee Nails. During the marketing process, Frontline procured multiple offers for the strip center located just south of I-290 along Harlem Avenue. The property sold for $1,130,000 on behalf of a bank client, and was successfully closed by the end of Q2.,/p>
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.
