CHICAGO, ILLINOIS – Wednesday, December 20, 2017
ACO Commercial is pleased to announce that Linda Hattar, Vice President, arranged the sale of three properties, on behalf of a national loan servicer, in under 30 days.
- 474 W. 14th Place, Chicago Heights, IL
- 1121-1125 W. 127th Street, Calumet Park, IL
- 5101 S. Union Avenue, Chicago, IL
The national marketing campaign generated a collective 41 property tours and over 15 offers. The Client was able to exit the assets on an “as-is, where is “ basis with all-cash purchasers.
474 W. 14th Place is an eight-unit, California-style multifamily property. The lender-owned asset functioned as low-income housing and was 75% occupied at the time of sale. The property sold to a Nevada-based investor.
1121-1125 W. 127th Street is a multifamily property containing 17 2bed/1bath units. The asset was 94% occupied at the time of sale and was purchased by a local investor.
5101 S. Union Avenue is a mixed-use building containing commercial and residential units. It was sold to a Nevada-based investor on an all-cash basis.
ACO Commercial specializes in the sale of commercial and investment real estate throughout the Midwest.