CRER (Chicago Real Estate Resources, Inc.) is pleased to announce that Tuyen Nguyen, Director, recently represented the purchaser of the approximately 9.85 acre Corsicana Mattress Company site, located at 970 S Lake St in Aurora, Illinois. The final sale price was $3,400,000.
The single-story 111,000 SF warehouse was built in 1950 and features truck bays, a fuel station, and an additional 2.1-acre yard for expansion. The property is located in a high-traffic commercial corridor just south of downtown Aurora. Originally listed for $4,329,000, Tuyen was able to negotiate a significantly lower sales price for her client, Manas Express Corp., a DOT registered full-service trucking company.
Tuyen notes, ” The inventory of ready-to-use trucking space in the Aurora area continues to decline as older stock is removed as obsolete. Also, no competitive new product is underway or planned for the Aurora area.”
“This facility was the perfect solution for Manas Express Corp in this market,” Tuyen said in the release. “Not only does it provide plenty of room for them to expand, but it also has incredible visibility and access to IL-31, the primary trucking corridor in Illinois.”
Contact Tuyen if you need help buying or selling commercial real estate in Aurora or the surrounding areas. If you are interested in better understanding what your property could sell for, please contact Tuyen for a free property evaluation.