Inland brokers Illinois retail center sale

Downers Grove shopping center fetches $4.25 million sale price

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Maple Plaza, a 31,298-square-foot retail center in Downers Grove, Ill., has sold for $4.25 million, according to an announcement today. The property is located on the southwest corner of Belmont and Maple Ave., and is anchored by a 5,250-square-foot Just Tires Store. Other tenants include Benjamin Moore, Subway and Dairy Queen along with a number of others. The center was purchased by an Oak Brook Terrace investment group, according to Inland Real Estate, which brokered the deal. The seller was a real estate investment trust. Inland Real Estate Sales is a commercial real estate brokerage company that is part of The Inland Real Estate Group of Companies....