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Chicago condo developer Nicholas Gouletas, passes away aged 82
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Prolific Chicago condominium developer, Nicholas Gouletas, passed away on January 8 at the age of 82.
Gouletas and his family business, American Invsco, rose to prominence in the 1970s as the nation’s largest condo converter. He led condo conversions at more than 140 properties.
His son Steven Gouletas told the
Sun-Times that “his father, who had been in assisted living, had congestive heart failure and sepsis,” adding that he “had tested positive for COVID-19 but recovered after having only mild symptoms and had received a vaccine.”
Gouletas migrated to the United States from Greece with his family when he was 8 years old.

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