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Joe's Crab Shack in Schaumburg Trades for $4.2 Million

Trust Sells Restaurant in Triple Net Investment
By Benjamin W. Duwell
October 14, 2014 | 1:48 P.M.

A group of private investors sold the 7,500-square-foot Joe's Crab Shack location at 200 E. Golf Rd. in Schaumburg, IL to another group of private investors for $4.2 million, or about $560 per square foot. There were two buying entities in this transaction with each LLC owning a certain percent interest in the property.

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