ACO Commercial Completes $94K per unit sale in West Rogers Park on behalf of Estate
CHICAGO, ILLINOIS – Thursday, May 28, 2015
ACO Commercial is pleased to announce the sale of 6055-6057 N. Talman Avenue in Chicago’s West Rogers Park Neighborhood.
George Toscas, Executive Vice President, arranged the sale of the building on behalf of the estate of a long-term owner. ACO executed a 27-day marketing campaign, yielding multiple offers.
The vintage property consists of 13 units (6) 1-Bedroom, (7) 2-Bedroom, in all original condition. The sale reflected a price per unit of approximately $94,000. At the time of sale, the property was 38% vacant.
Acquisition and rehabilitation financing was provided by Marc Gryzlo of Oxford Bank in Oak Brook, IL.
ACO Commercial specializes in the sale of commercial and investment real estate throughout the Midwest.