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Chicago & Midwest  + Greater Chicagoland  + Office  |  September 6, 2022
An office property at 450 Gunderson Dr. in Carol Stream, IL has been sold to the Illinois Fraternal Order of Police Labor Council
Paul Bubny
By: Paul Bubny

Carol Stream Offices Trade to Fraternal Order of Police

DarwinPW Realty president Rick Daly, principal Nick Krejcii and managing broker George Cibula represented Automobile Mechanics’ Local No. 701 Union in its sale of a 24,000-square-foot building at 450 Gunderson Dr. in Carol Stream, IL to the Illinois Fraternal Order of Police Labor Council. The union is relocating from Western Springs. 

“This is a very well-maintained office building with more than 100 cars to support meetings and daily operations,” said Daly. “The space was already occupied by a similar user previously, so the transition should be relatively seamless.” 

The two-story, Class B building was constructed in 1980. It features heavy power with 1,200 amps/ 240-480 volts, ample parking, warehouse space and low DuPage County real estate taxes. Joe Rossi & Associates’ Doug Pauly represented the buyer. Terms of the sale weren’t disclosed. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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