Whitewater Plaza Sold to Undisclosed Buyer for $3,615,000

Whitewater Plaza (submitted photo)

By Lynn Binnie
Whitewater Banner volunteer staff
whitewaterbanner@gmail.com

A press release dated August 28 from the Marcus & Millichap commercial real estate brokerage firm indicates that the Whitewater Plaza retail strip property at 1139 W. Main Street has sold for $3,615,000. M&M’s Chicago Oak Brook office had the exclusive listing to market the 1.88 acre property with a 24,211 square foot building. It was indicated that the property is currently 94% occupied, with tenants such as Jimmy John’s, Anytime Fitness, Cozumel Restaurant and Beijing Buffet. Sarah Grace Pugh, public relations specialist for Marcus & Millichap, told The Banner that she was unable to disclose the name of the buyer.

According to the Walworth County website, the tax bill for 2023 was sent to PNL WHITEWATER LLC in Dallas, TX. The estimated fair market value was $2,847,400.

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