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updated: 6/29/2020 9:40 AM

SVN Chicago brokers sale of Crystal Lake building

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  • 805 McHenry Ave., Crystal Lake.

    805 McHenry Ave., Crystal Lake.
    Courtesy SVN | Chicago Commercial

 

CRYSTAL LAKE -- SVN | Chicago Commercial recently brokered the sale of a value-add office building at 805 McHenry Ave. in Crystal Lake.

Terms of the sale were not disclosed. James Mead, CCIM and Stephen Cusano of SVN | Chicago Commercial represented the seller in the transaction.

The new buyer has been in deep discussions with several potential tenants and plans to fill the office vacancies soon.

"It was a win-win transaction for both parties during the COVID-19 pandemic," Mead said.