Entries by Jeff Baer

ACO Commercial Sells Fractured Elmwood Park Conversion for 102.3% of Ask

Chicago, Illinois – Monday, October 6, 2014 ACO commercial is pleased to announce the sale of 29 of 40 condominium units in Elmwood Park, Illinois.  The sale was comprised of 23 1-Bedroom and 6 Studio units, contained in a five-story elevator building. Constructed in 1972, the property was redeveloped in 2006 as a transit-oriented condominium […]

ACO Commercial Sells Lincoln Square 7 Unit

Chicago, Illinois – Thursday, August 21, 2014 ACO Commercial is pleased to announce the sale of 5454 N. Campbell Avenue in Chicago’s Lincoln Square neighborhood.   The vintage property is comprised of four (4) one–bedroom and three (3) two-bedroom apartments.  Two of the units were recently rehabbed to include refinished hardwood floors and updated kitchen […]

ACO Commercial Sells Edgewater 12 Unit for Asking Price of $1.39 Million

  ACO Commercial Announces CHICAGO, ILLINOIS – Wednesday, June 25, 2014 – ACO Commercial, is pleased to announce the sale of 1284 – 1286 W. Early Avenue in Chicago’s Edgewater neighborhood.  The property was built in 1932 and is comprised of three (3) two-bedroom and nine (9) one-bedroom apartments. George J. Toscas, Executive Vice President, arranged […]

ACO Commercial Sells Fractured Condo Conversion in Lake County for $5.37 Million

ACO Commercial Announces CHICAGO, ILLINOIS – Friday, June 20, 2014 — ACO Commercial is pleased to announce the sale of 89 of 180 condominium units within the Willows of Grayslake condominium property in unincorporated Wildwood, Illinois. The 89 units were comprised of 63 2-Bedroom and 26 1-Bedroom units contained in eight buildings constructed between 1968 […]

Lender to Unload Failed Suburban Condo Project

Lender to unload failed suburban condo project By David Lee Matthews January 07, 2014 The hangover isn’t over yet for lenders that financed failed boom-era suburban condominium projects. Wintrust Financial Corp. hired broker ACO Commercial to sell 89 units in a so-called fractured condo conversion in north suburban Wildwood, according to marketing materials circulated by the broker. […]

ACO Commercial Procures West Coast Investor to Acquire Lincoln Square Property

Press Release: CHICAGO, ILLINOIS – Wednesday December 24, 2013 – ACO Commercial, is pleased to announce the sale 5454 N. Campbell in Chicago, Illinois.   The vintage property consists of 4 one – bedroom units, and 3 two – bedroom units in largely original condition. S. Justin Brown, Esq., First Vice President with ACO Commercial, represented […]