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June 2010

Highland Park Car Dealership Sells for $2.9M

Highland Park Ford Lincoln Mercury sold its former dealership property at 55 Skokie Valley Road in Highland Park, IL, to Thornton’s Inc. for $2.85 million, or approximately $122 per square foot.
The property includes a 23,299-square-foot retail building on 2.78 acres. Thornton’s plans to develop a state-of-the-art Thornton’s brand gas station as well as a medical office building on the site, its first location on the North Side of Chicago.

Lawrence Much and Kelly Disser of NAI Hiffman represented the seller.
For more information, please reference CoStar COMPS #1905447.

Source: Costar.com

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