First licensed in 2002, Joe now works exclusively with Commercial Property Owners/Landlords, Buyers/Tenants and Investors with a special focus in Lake, McHenry and NW Cook Counties.
Successful projects Joe has been involved with include the assemblage and sale of Land for the development of a Senior Assisted Living Center in Lake Zurich, the leasing of Strip Center Property in Grayslake, Fox Lake & Gurnee, to the sale of multi-tenant Industrial Buildings throughout Lake and McHenry County and also sales of Multi-Family Investor Property. Here are a few examples:
- Inverness/Palatine-Office Building was 45% vacant for nearly 2 years when Joe took over listing with strategy to bring in tenants then sell as investment property. Soon brought vacancy to 8% and connected with Investor who purchased at 94% of list price.
- Barrington-Multi-Tenant Industrial Building with various old boundary issues; Attorney for the seller at closing commented, “this deal never would have closed without your persistent actions.” Sale Price $1M.
- Wauconda-Industrial Condos-after creating market campaign to owners, listed & sold Units 120, 121, 223, 224 and Rep for Buyer of 207; presently has several available.
- Aurora-Multi Family-24 units, sold full asking price $1.4M.
- Lake Zurich-Sports Facility-local Sports Association purchased in multi-offer bid, Joe Represented the buyers, $2M.
- With 17 years of doing deals in good markets and bad, Joe brings an experienced view to every project he is presented with.
Joe enjoys the challenge of determining the correct Market Value, not the Appraised Value or the Assessor Value, but Market Value, what will the property sell for in today’s market?
If you are…
- A business owner in a lease and considering renewing or looking at other lease opportunities, or with interest rates and prices still attractive, questions if leasing or buying is the best way to proceed.
- Anyone interested in exploring the benefits of investing in commercial income producing properties vs residential. What are the benefits, advantages and also the downsides to be aware!
- Anyone who has outgrown their present building and needs more space!
Contact Joe today to find out what your Commercial Property Value is in today’s Marketplace!