Mark Levy, President of Sequoia Realty Group, has announced that the firm represented CIT Small Business Lending Corporation in the sale of two (2) properties. The first property is a vacant restaurant and banquet facility located at 3501 Channahon Road in Joliet, Illinois. The fully equipped restaurant building, plus a single family home, sits on 4.27 acres of land. The property was sold to a private party who intends to refurbish the property and reopen under a new name.
In the second transaction, Sequoia Realty Group brokered the sale of a 4,200 square foot storefront property located at 727-729 Howard Street in Evanston, Illinois. The two (2) unit building was sold to the City of Evanston. The intended use of the property was not disclosed as part of this transaction. Legal representation for CIT was provided by Hausch Blackwell.