Inman

Crown Centre purchase includes improved lot

Inland Real Estate Sales Inc. this week announced it brokered the sale of the brand-new Crown Centre property in Frankfort, Ill., and an adjacent lot for a total price of more than $7.5 million.

Crown Centre comprises 48,000 square feet of mixed-use space, and the adjacent outlot spans 1.3 acres. The properties are located on the southwest corner of LaGrange Road and Lincolnway Lane at 20606 South LaGrange Road and 9645 West Lincolnway Lane.

At the time of sale, Crown Centre’s tenants included Salon Rhapsody, Prudential Financial, and Flectere Health and Tanning Center.

Neither the seller’s nor the buyer’s identity was disclosed.


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