ACO Arranges Sale of Townhome Development to New York Investor

CHICAGO, ILLINOIS – Friday July 12, 2019

ACO Commercial is pleased to announce the sale of 15707-17 Dungarvan Road in Chicago’s southwest suburb of Manhattan, IL.  The sale included the remaining developer inventory from a partially completed subdivision constructed in 2009. Units were well-appointed, consisting of large two and three-bedroom floor-plans, with two-car garages and individual metering for all utilities. Linda Hattar and George Toscas arranged the sale on behalf of a private developer/investor. ACO’s marketing campaign generated multiple offers. The deal was awarded to a New York-based investor for approximately 90% of the asking price, moving contract to closing in approximately 35 days. Purchase financing was arranged by John Rybicki of People’s Bank.

ACO Commercial specializes in the sale of commercial and investment real estate throughout the Chicago Metropolitan Area.