{"id":1004180799,"date":"2017-06-16T11:44:02","date_gmt":"2017-06-16T19:44:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004180799"},"modified":"2022-12-08T01:51:45","modified_gmt":"2022-12-08T09:51:45","slug":"marcus-millichap-close-sale-of-mixed-use-facility-in-illinois","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/","title":{"rendered":"Marcus &amp; Millichap Closes Sale of Mixed-Use Facility in Illinois"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004180800\" style=\"width: 375px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004180800\" data-attachment-id=\"1004180800\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/4055-steele-drive-machesney-park-ill\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"4055 Steele Drive, Machesney Park, Ill.\" data-image-description=\"&lt;p&gt;4055 Steele Drive, Machesney Park, Ill.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;4055 Steele Drive, Machesney Park, Ill.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png?w=800\" loading=\"lazy\" class=\"wp-image-1004180800 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png\" alt=\"4055 Steele Drive, Machesney Park, Ill.\" width=\"365\" height=\"274\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png?resize=768,576 768w\" sizes=\"auto, (max-width: 365px) 100vw, 365px\" \/><\/a><p id=\"caption-attachment-1004180800\" class=\"wp-caption-text\">4055 Steele Drive, Machesney Park, Ill.<\/p><\/div>\n<p>Marcus &amp; Millichap completed the sale of a 30,000-square foot mixed-use facility in Machesney Park, Ill. Option Care &amp; Universal Hospital Services traded for $3.8 million. A team of investment specialists with the company represented both the seller\u2014a developer\u2014and the buyer\u2014a private investor\u2014in the deal. The buyer agents were Sean O\u2019Brien, Christopher Mitchel, Ryan Moore and Joseph DiSalvo. Christopher Mitchel, Forest Bender and Joseph DiSalvo represented the seller.<\/p>\n<h2>Office and&nbsp;Industrial Mix&nbsp;<\/h2>\n<p>The net-leased, Class B facility is located at 4055 Steele Drive and functioned as a call center for a national health-care provider. The total space is divided as follows:<\/p>\n<ul>\n<li>Unit one consists of 16,000 square feet of office space;<\/li>\n<li>Unit two has 2,000 square feet of office space and 11,000 square feet of warehouse space, which can suit a light manufacturing business.<\/li>\n<\/ul>\n<p>The property is close to public transportation and also offers convenient access to Interstate 90. The nearby area is serviced by several retailers such as Target as well as office and industrial businesses.<\/p>\n<p>Marcus &amp; Millichap have closed several deals in Chicago, the latest one being a <a href=\"https:\/\/www.commercialsearch.com\/news\/chicagos-ashland-wellington-plaza-sells-for-10-m\/\">Chicago retail center<\/a> which sold for $10 million.&nbsp;<\/p>\n<p><em>Image courtesy of Marcus &amp; Millichap<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 30,000-square-foot Option Care &amp; Universal Hospital Services traded for $3.8 million. The facility comprises two units offering industrial and office space. <\/p>\n","protected":false},"author":1064,"featured_media":1004180800,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,13,21752,21742],"tags":[36208,34836,41888,34545],"class_list":["post-1004180799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-midwest","category-mixed-use","category-latest","tag-joseph-disalvo","tag-marcus-millichap","tag-sean-obrien","tag-target-corporation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Marcus &amp; Millichap Closes Sale of Mixed-Use Facility in Illinois - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marcus &amp; Millichap Closes Sale of Mixed-Use Facility in Illinois\" \/>\n<meta property=\"og:description\" content=\"The 30,000-square-foot Option Care &amp; Universal Hospital Services traded for $3.8 million. The facility comprises two units offering industrial and office space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-16T19:44:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T09:51:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/\",\"name\":\"Marcus &amp; Millichap Closes Sale of Mixed-Use Facility in Illinois - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png\",\"datePublished\":\"2017-06-16T19:44:02+00:00\",\"dateModified\":\"2022-12-08T09:51:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fea14f28ef4cea0e4f36b0516e632ebb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png\",\"width\":800,\"height\":600,\"caption\":\"4055 Steele Drive, Machesney Park, Ill.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Marcus &amp; Millichap Closes Sale of Mixed-Use Facility in Illinois\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fea14f28ef4cea0e4f36b0516e632ebb\",\"name\":\"Gabriel Circiog\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6ddbbbe4a5e8a5d029214b4a9099495111d971242a7b4ca0b89a5012990e1ab0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6ddbbbe4a5e8a5d029214b4a9099495111d971242a7b4ca0b89a5012990e1ab0?s=96&d=mm&r=g\",\"caption\":\"Gabriel Circiog\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/gabrielcirciog\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Marcus &amp; Millichap Closes Sale of Mixed-Use Facility in Illinois - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/","og_locale":"en_US","og_type":"article","og_title":"Marcus &amp; Millichap Closes Sale of Mixed-Use Facility in Illinois","og_description":"The 30,000-square-foot Option Care &amp; Universal Hospital Services traded for $3.8 million. The facility comprises two units offering industrial and office space.","og_url":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-06-16T19:44:02+00:00","article_modified_time":"2022-12-08T09:51:45+00:00","og_image":[{"width":800,"height":600,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png","type":"image\/png"}],"author":"Gabriel Circiog","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/","url":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/","name":"Marcus &amp; Millichap Closes Sale of Mixed-Use Facility in Illinois - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png","datePublished":"2017-06-16T19:44:02+00:00","dateModified":"2022-12-08T09:51:45+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fea14f28ef4cea0e4f36b0516e632ebb"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png","width":800,"height":600,"caption":"4055 Steele Drive, Machesney Park, Ill."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-close-sale-of-mixed-use-facility-in-illinois\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Marcus &amp; Millichap Closes Sale of Mixed-Use Facility in Illinois"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fea14f28ef4cea0e4f36b0516e632ebb","name":"Gabriel Circiog","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6ddbbbe4a5e8a5d029214b4a9099495111d971242a7b4ca0b89a5012990e1ab0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6ddbbbe4a5e8a5d029214b4a9099495111d971242a7b4ca0b89a5012990e1ab0?s=96&d=mm&r=g","caption":"Gabriel Circiog"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/gabrielcirciog\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/4055-Steele-Drive-Machesney-Park-Ill..png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004180799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1064"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004180799"}],"version-history":[{"count":6,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004180799\/revisions"}],"predecessor-version":[{"id":1004532072,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004180799\/revisions\/1004532072"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004180800"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004180799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004180799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004180799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}