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Home Builder Scores Former Golf Course
Marcus & Millichap finalized the sale of Terrace Hill Golf Course, a disused 140-acre facility located in Algonquin, IL. Terms of the transaction weren’t disclosed.
Rick Gordon and Richard Kozarits, senior associates and directors of the land and redevelopment division in Marcus & Millichap’s Chicago Oak Brook and Encino offices, marketed the property on behalf of the seller, a partnership. The buyer, a national and public home builder, was secured and represented by Gordon and Kozarits.
Terrace Hill Golf Course is located at West Algonquin Road and Fairway View in Algonquin.
For comments, questions or concerns, please contact Paul Bubny
- ◦Development
- ◦Sale/Acquisition