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CRE N Illinois
ACO Commercial arranges $14.8 million land sale near the United Center

ACO Commercial arranges $14.8 million land sale near the United Center

Chicago-based ACO Commercial’s George Toscas has arranged the sale of a 2.8-acre land site located in Chicago’s West Loop on behalf of a private investor group. The property, which takes up almost an entire city block (bounded by Lake, Hoyne, Damen and Walnut) and is fully leased to Standard Equipment Company, sold to Realterm Logistics for $14.8 million in an all-cash deal.

Retail N Illinois
1927-47 N. Halsted Street, Chicago.

JLL closes sale of three-building Lincoln Park portfolio

JLL has closed on the sale of The Halsted Collection, a three-building, 50,838-square-foot collection of assets located in Chicago’s Lincoln Park neighborhood, on behalf of Convexity Properties. The three properties were fully leased by retail and multifamily tenants at the time of the sale. Terms of the transaction were not disclosed.

Industrial N Illinois
Elmhurst industrial flex property sells for $5.4 million

Elmhurst industrial flex property sells for $5.4 million

The COLOVOS | SOUPOS Group at RE/MAX Destiny represented the owner of a 74,844-square-foot industrial building on 3.49 acres located at 776 N. Oaklawn Avenue in Elmhurst, Illinois. Vickie C. Soupos represented the original owners, Fast Heat Inc. The asset received multiple offers and sold for $5,400,000 or 97 percent of asking price. The buyer was represented by Joe Bronson of NAI Hiffman.

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