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Chicago & Midwest  + Greater Chicagoland  + Office  | 

MOB Complex in Libertyville Trades to Out-of-State Buyer

The American Way Corporate medical office building complex sold at 1232-1280 American Way in Libertyville, IL. Terms of the deal weren’t disclosed.

Albert Lindeman and Nathalie Fisher of SVN | Chicago Commercial represented the out-of-state buyer, working closely with them for more than six months. The campus-like setting is ideal for their existing portfolio, SVN | Chicago Commercial said.

“Demand for quality construction with quality tenants are still a high priority,” said Lindeman.

The undisclosed buyer was motivated to purchase the complex due to the current medical tenant mix occupying the building, according to SVN | Chicago Commercial.

For comments, questions or concerns, please contact Paul Bubny

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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).

  • ◦Sale/Acquisition