CRER (Chicago Real Estate Resources, Inc) is pleased to announce the sale of 4001 Southwest Hwy, Hometown, IL and 5500 W 95th St, Oak Lawn, IL for a combined $1,680,000. Nate Gautsche represented Ghosein European Auto Werks in the sale of 4001 Southwest Hwy to a car wash chain and the subsequent purchase of their new location at 5500 W 95th in Oak Lawn.
“There were a lot challenges to overcome to accomplish both sales within the same week to allow a smooth relocation and defer capital gains taxes through a 1031 exchange. Keeping both deals together with delays due to COVID and IDOT approvals was not easy, but I’m pleased with the result achieved for my client,” said Nate Gautsche, Senior Director with CRER.
Please contact Nate Gautsche for additional info.