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Shopping Center West of Chicago Sells for Over $34 Million, Gets First New Owner in Two Decades

Core Acquisitions Buys Grocery-Anchored Rice Lake Square in Wheaton, Illinois, From London-Based Grosvenor
Core Acquisitions has bought the Rice Lake Square shopping center in Wheaton, Illinois. (Emilia Czader/CoStar)
Core Acquisitions has bought the Rice Lake Square shopping center in Wheaton, Illinois. (Emilia Czader/CoStar)
CoStar News
June 12, 2024 | 4:38 P.M.

A local investor has paid $34.25 million for a large shopping center west of Chicago with hopes to quickly fill a large vacancy and boost the property’s value.

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