ACO Sells Lincoln Park Mixed-Use with 25 Property Tours & Multiple Offers
CHICAGO, ILLINOIS – Saturday, November 28, 2017
ACO Commercial is pleased to announce the sale of 1534 Fullerton Avenue in the heart of Chicago’s Lincoln Park neighborhood. The value-add offering was comprised of a +/- 3,500 SF, two-story, brick, mixed-use building, formerly occupied by Sweets & Savories Café.
Linda Hattar, Vice President, and George Toscas, Managing Broker, arranged the sale on behalf of a regional bank. The ACO marketing campaign generated 25 tours and multiple offers, with the winning bid moving to close in under 60 days.
ACO identified a user to purchase the asset, who closed the transaction at approximately $193 PSF.
ACO Commercial specializes in the sale of commercial and investment real estate throughout the Midwest.