Chris Condon, john greene Comercial

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My goal is to help small business owners thrive by guiding them and advocating for them through the sometimes complex process of buying and selling commercial real estate.

Major Price Reduction | 22025–22045 W. Lockport St., PlainfieldPrime 5.93± AC development opportunity that is fully appr...
08/27/2026

Major Price Reduction | 22025–22045 W. Lockport St., Plainfield

Prime 5.93± AC development opportunity that is fully approved and permit-ready for an 84-unit senior housing community featuring independent living, assisted living, and memory care. The site offers R-7 zoning, available utilities, and an excellent location less than a half-mile from the proposed future I-55/Airport Road interchange. Contact Chris Condon, 815.693.3005 to learn more. https://johngreenerealestate.com/listings/?propertyId=22025-22045-W-Lockport-St-sale

New Listing - Route 71 and Route 126, Yorkville38.8 acre development site (divisible) available for sale, zoned R-4 and ...
08/25/2026

New Listing - Route 71 and Route 126, Yorkville

38.8 acre development site (divisible) available for sale, zoned R-4 and B-3, (Village of Yorkville). The proposed concept plan includes 8 acres of proposed commercial lots at the corner of Route 71 and Route 126; 10.8 acres for multifamily development, and 13.1 acres for townhome development. Contact Chris Condon at 815.693.3005 to learn more https://johngreenerealestate.com/listings/?propertyId=SWC-Route71-and-Route126-sale

New Price - 2720 Caton Farm Rd., Joliet960± SF office condo offering three private offices, a reception area with waitin...
08/05/2026

New Price - 2720 Caton Farm Rd., Joliet

960± SF office condo offering three private offices, a reception area with waiting room, kitchenette, ample storage, and included furniture. Ideally located in northwest Joliet with excellent visibility along Caton Farm Road and convenient access to I-55, Route 59, and Route 30. Versatile R-B zoning. Contact Chris Condon at 815.693.3005 to learn more https://johngreenerealestate.com/listings/?propertyId=2720-Caton-Farm-sale

New Price - 2720 Caton Farm Rd., Joliet960± SF office condo featuring three private offices, a reception area with waiti...
07/21/2026

New Price - 2720 Caton Farm Rd., Joliet

960± SF office condo featuring three private offices, a reception area with waiting room, kitchenette, ample storage, and included furniture. Ideally located in northwest Joliet with excellent visibility on Caton Farm Road and easy access to I-55, Route 59, and Route 30, with a versatile R-B zoning. Contact Chris Condon, 815.693.3005 to learn more. https://johngreenerealestate.com/listings/?propertyId=2720-Caton-Farm-sale

New Price - 22025 - 22045 W Lockport St., Plainfield5.93± AC site is fully approved and permit-ready for an 84-unit seni...
07/15/2026

New Price - 22025 - 22045 W Lockport St., Plainfield

5.93± AC site is fully approved and permit-ready for an 84-unit senior housing community featuring independent, assisted living, and memory care. Featuring R-7 zoning, available utilities, and a prime location less than a half-mile from the proposed future I-55/Airport Road interchange. Contact Chris Condon, 815.693.3005 to learn more. https://johngreenerealestate.com/listings/?propertyId=22025-22045-W-Lockport-St-sale

After a strong run-up, DuPage County industrial lease rates are showing signs of normalization:• Asking rents climbed fr...
05/27/2026

After a strong run-up, DuPage County industrial lease rates are showing signs of normalization:
• Asking rents climbed from the low $10.00 range in 2023 to a peak near $11.75/SF in early 2025
• Since that peak, rates have gradually softened into the low $11.00 range
• The recent trend points to a more balanced, less aggressive leasing environment

What this means:
For landlords — the days of pushing rents quarter after quarter have eased. Leasing strategy, tenant quality, and deal structure are now the differentiators.
For tenants — there is more leverage in the market today than there was 12–18 months ago, particularly on second-generation space and longer-term deals.

The key theme:
The market isn’t weak—but it is no longer accelerating.
If you’re planning a lease renewal, evaluating vacancy, or considering repositioning a building, timing and strategy matter more right now than headline rent numbers.

Happy to share comps or talk through how this applies to your specific property.

The DuPage County industrial market continues to show strong pricing momentum:• Sale prices per square foot have climbed...
05/19/2026

The DuPage County industrial market continues to show strong pricing momentum:
• Sale prices per square foot have climbed steadily from the mid-$110s to the mid-$130s
• Pricing has remained resilient even with fluctuations in quarterly sales volume
• Recent quarters show some of the highest pricing levels we’ve seen, despite uneven deal flow

What this means:
For owners — asset values have continued to appreciate, particularly for well-located, functional buildings. The gap between “average” and “premium” assets is becoming more pronounced.
For buyers — pricing pressure remains real. Even with less consistent transaction volume, quality deals are still commanding strong numbers.

The key theme:
Price growth is being driven by demand for limited, high-quality inventory—not by an increase in transaction volume.
If you own industrial property in DuPage County and haven’t evaluated your position recently, there may be an opportunity to capitalize on current pricing.

Happy to share recent comps or walk through what buyers are actively targeting today.

Asking rents in the Will County industrial market tell a different story than sales:• Lease rates climbed sharply throug...
05/13/2026

Asking rents in the Will County industrial market tell a different story than sales:
• Lease rates climbed sharply through 2023 into early 2024, peaking near $14.00/SF
• Since then, rents have softened and stabilized in the low–mid $12.00 range
• Recent quarters show some volatility, but overall pricing has reset from peak levels

What this means:
For landlords — the market has shifted from aggressive rent growth to a more competitive leasing environment. Pricing strategy and deal structure matter more than they did 12–18 months ago.
For tenants — there is more opportunity to negotiate today than at the peak, especially on second-generation space.

The key theme:
Leasing fundamentals remain solid, but the market is normalizing after a strong run-up.
If you’re navigating a lease renewal, vacancy, or expansion, now is a good time to reassess strategy based on current market dynamics.

Happy to share comps or discuss specific situations.

Over the past two years, we’ve seen a clear shift in the Will County industrial market:• Sale prices per square foot hav...
05/05/2026

Over the past two years, we’ve seen a clear shift in the Will County industrial market:

• Sale prices per square foot have steadily increased from the low $110s to nearly $130/SF
• Despite some quarter-to-quarter fluctuations, overall sales volume remains active and resilient
• The most recent data shows pricing continuing to push higher, even as volume moderates
What this means:

For owners — the market is still rewarding well-located, functional industrial assets with strong pricing.

For buyers — competition for quality product remains, and pricing has not softened meaningfully.

The key theme right now is simple:
Pricing strength is being driven by limited supply of desirable buildings, not just transaction volume.

If you own industrial property in Will County and haven’t evaluated your position recently, it may be worth taking a fresh look at what the market would pay today.

Happy to share more detailed comps or discuss specific properties.

Just Sold: Congratulations to The Dralle Group on the sale and SNS Estates LLC on the purchase of the 151 Springfield Av...
04/28/2026

Just Sold: Congratulations to The Dralle Group on the sale and SNS Estates LLC on the purchase of the 151 Springfield Avenue, Joliet, IL. Thank you for allowing us to represent you on this transaction.

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Naperville, IL
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