Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of North Ridge and Rossell North, two well performing strip centers totaling 36,005-square-feet and situated on North Ave in the heart of the Oak Park, Illinois retail trade area.

North Ridge and Rossell North Shopping Centers boast a stable tenant base that includes both local and national service providers, soft goods retailers, and restaurants. The average tenant has been in operation for over 15 years, and over 66% of the center’s tenants (by area) have been at the location for more than 20 years, highlighting the longevity of the tenants. Notable long-term tenants include Dollar Tree, Cash America Pawn, J&J Fish, Freeway Insurance, and Expert Nails. The immediate surroundings boast a residential population of approximately 36,000 within a one mile radius with an average household income of $128,000.

Mid-America Real Estate Corporation Vice President Emily Gadomski, Principal Joe Girardi, and Senior Vice President George Ghattas served as the exclusive listing brokers on behalf of the Private Seller. The center was acquired by a Public REIT.

About Mid-America Real Estate

Mid-America Real Estate is #1 in retail real estate services in the Midwest, with full-service offices in Illinois, Michigan, Minnesota, and Wisconsin. Our exclusive focus on retail property, combined with cutting-edge technology and unsurpassed service, distinguishes Mid-America within the industry and provides clients with a competitive edge. The total consideration value of leasing and investment sales transactions facilitated in 2024 was $2.28 billion. Mid-America leases and manages more than 50 million square feet of retail space and represents over 270 retailers and other tenants. For more information, visit www.midamericagrp.com or contact Olivia Palmer at [email protected]

Contact for More Information: 

Olivia Palmer | [email protected]