ACO Commercial Fetches $396,250 Per Unit For Bucktown Apartments
CHICAGO, ILLINOIS – Tuesday, December 20, 2016
ACO Commercial is pleased to announce the sale of 1885 N. Winnebago Avenue in Chicago’s Bucktown Neighborhood. Built in 2004, the Property is comprised of eight residential units featuring (6) two-bedroom, and (2) three-bedroom units atop a parking garage for eight vehicles. The average unit size is approximately 1,289 SF.
George J. Toscas, EVP, Edward N. Bluemel II, VP, and Adam Taylor, VP, arranged the sale on behalf of a private partnership. The ACO marketing campaign generated 23 tours and multiple offers. The sale represented a price of approximately $396,250 per unit, and $308 PSF.
ACO Commercial specializes in the sale of commercial and investment real estate throughout the Midwest.