ACO Commercial Arranges Sale of Lakeview Mixed-Use Property Over Asking Price
CHICAGO, ILLINOIS – Friday, June 30, 2017
ACO Commercial is pleased to announce the sale of 3220 N. Sheffield Avenue in the heart of Chicago’s Lakeview neighborhood. Constructed in 1912, the 3,300 SF, mixed-use property consists of one commercial unit and two residential units. At the time of sale, the property was distressed and vacant, and it sold on an “as-is, where-is,” basis.
Linda Hattar, Vice President, and George Toscas, Managing Broker, completed the transaction on behalf of a national loan servicer. The marketing campaign generated 18 tours and multiple offers above the asking price. The property sold for $885,000, on a non-contingent basis.
ACO Commercial specializes in the sale of commercial and investment real estate throughout the Midwest.