Encore Enterprises with AmCap Acquires Liberty Square
(Chicago, IL) October 24, 2022 –
AmCap, in a joint venture with Encore Enterprises, has acquired Liberty Square, a 107,431-square-foot, grocery-anchored retail center in the Wauconda suburb of Chicago.
According to Lake County public records, the buyer paid $18.7 million for the property, financing the purchase with an $11.5 million loan from American United Life Insurance Co., due to mature in 2028. The seller was Broad Reach Retail Partners, which had acquired the asset in 2018 for $14.1 million, CommercialEdge data shows.
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