ACO Arranges Sale of Logan Square 24 Unit for $9.66 Million ($402,625 Per Unit)
CHICAGO, ILLINOIS – Monday, December 12, 2016
ACO Commercial is pleased to announce the sale of 2504-16 N. Willetts Court in Chicago’s Logan Square Neighborhood. Built in 2007, with interior construction completed in 2013, the Property is comprised of 24 residential units featuring (6) one-bedroom, (12) two-bedroom, and (6) three-bedroom configurations.
George J. Toscas, EVP, and the ACO Team arranged the sale on behalf of a Georgia based investment firm. The ACO marketing campaign generated multiple offers from a diverse group of purchasers. The sale represented a price of $402,625 per unit, which to date, is one of the highest prices recorded for a multi-family asset in the Logan Square submarket.
ACO Commercial specializes in the sale of commercial and investment real estate throughout the Midwest.