Cyprian Alaribe Acquires Multifamily Property On South Vernon Avenue In Chicago For $960,000

The multifamily asset located at 10952 South Vernon Avenue in the Chicago market has been sold for $960,000. The property consists of 12 units, offering a price per unit of $80,000. The total square footage of the asset is 10,200, resulting in a price per square foot of $94.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $960,000
• Units: 12
• Price Per Unit: $80,000
• Square Footage: 10,200
• Price Per Square Foot: $94
• Buyer: Cyprian Alaribe
• Seller: Mike McCarthy
• Brokers: Jeremy DeMarco & Robert Berman - Nara Realty Advisors

Cyprian Alaribe represented the buyer in this transaction, while Mike McCarthy was the seller. The transaction was facilitated by the brokerage team of Jeremy DeMarco and Robert Berman from Nara Realty Advisors.