ACO Arranges Sale of FDIC Held Retail Strip Center

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CHICAGO, ILLINOIS – Tuesday, April 7, 2015

ACO Commercial is pleased to announce the sale of 9500 S. Halsted Street, a multi-tenant retail strip center located in Chicago, Illinois.  The property was built in 1972 and is situated on the corner of 95th and Halsted Streets.

George J. Toscas, Executive Vice President, arranged the transaction.  At the time of sale, the property was 100% occupied by a mix of local tenants.  ACO identified a purchaser for the property who closed the transaction on an all-cash, as-is basis within 30 days of contract execution.  The sale price was approximately $170 per square foot.

ACO Commercial specializes in the sale of commercial and investment real estate throughout the Midwest.