Countryside Pioneer Title Building Sold $1.725mm

Raj Ravi and Shawn Rupp just sold the former Pioneer Title Office Building in Countryside to a dialysis clinic for $1.725 million. This building is roughly 15,000 square feet but the new owners plan on increasing its size to about 17,000 square feet. The building officially closed on December 31st, although the close had actually started November 21st. This property was a short sale and was not marketed for sale at anytime. At the time of this sale, it is one of Countryside's largest commercial office sales this year. There were a lot of hurdles that we needed to overcome, including title problems that have existed for over 20 years and over various ownership interests. Shawn Rupp and Raj Ravi of Prudential represented the buyer. Our relationship with the seller came in October when our day to day prospecting put us in touch with this motivated seller.