November 9, 2021 – Uriel Escobar of Horvath & Tremblay has successfully completed the sale of Wrightwood Plaza in Chicago, Illinois. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1,000,000.
Wrightwood Plaza is located at 7920 South Western Avenue in Chicago, Illinois. Wrightwood Plaza is a multi-tenant retail center built in 2004, and consisting of 6,552 square feet on a 0.31-acre lot. The building is 100% leased to Chicken Shack, Lovely Layed, Subway, and Nail Art. The property has frontage on South Western Avenue and is adjacent to the signalized intersection of South Western Avenue and West 79th Street. Nearby tenants include Dollar Tree, Dunkin’, Taco Bell, CVS, McDonald’s H&R Block, and a variety of local retailers and businesses. Wrightwood Plaza is on the South Side of Chicago, in the Ashburn community area. Ashburn is a densely populated area, with over 42,000 residents in just 5 square miles.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.