ACO Completes Sale of 300,000 SF Industrial Land Site to User
CHICAGO, ILLINOIS – February 28, 2018
ACO Commercial is pleased to announce the sale of the 9336 S. Jeffery, a seven-acre land parcel located immediately north of 95th St,south of I-90 (Skyway) and one-mile northeast of I-94 in Chicago’s “Pill Hill” neighborhood.
The property was zoned M1-1, Limited Manufacturing/Business Park District, which allows for light manufacturing, warehouses, and wholesalers. At the time of sale, the land was improved with two free-standing industrial buildings of approximately 22,000 SF.
ACO’s marketing campaign “cross-sold” the parcel to investors and users of all property types. ACO sourced a user of the property, who completed the acquisition on an all-cash basis, with zero contingencies of sale. Linda Hattar and George Toscas arranged the sale, representing a regional financial institution.
ACO Commercial specializes in the sale of commercial and investment real estate throughout the Chicagoland Area.