Mendy Raskin Acquires Multifamily Portfolio In Chicago For $17.975M

The multifamily properties located at 4001 S. Ellis, 4433 S. Greenwood, 4737 S. Ingleside, 4746 S. Ingleside, 4500 S. Drexel, and 811 E. 46th in Chicago have been sold. The transaction took place on August 14, 2020. The buyer of these properties is Mendy Raskin, represented by @RaskinRisers. The sale price for the 204 units was $17,975,000, resulting in a price per unit of $88,112.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $17,975,000
• Address: 4001 S. Ellis, 4433 S. Greenwood, 4737 S. Ingleside, 4746 S. Ingleside, 4500 S. Drexel, 811 E. 46th
• Market: Chicago
• Buyer: Mendy Raskin
• Brokers: Lucas Fryman, David Goss, Jon Morgan & Ted Stratman - Interra Realty
• Units: 204
• Price per Unit: $88,112

The transaction was facilitated by Lucas Fryman, David Goss, Jon Morgan, and Ted Stratman from Interra Realty, who represented the buyer, Mendy Raskin, in this deal.