James Clough & Cristian Gavriluti Of Real Realty Sell Multifamily Asset In Chicago For $3M

The property asset involved in this transaction is a multifamily building located at 7101 North Ridge Boulevard in the Chicago market. The sale price for this asset was $3,000,000, which equates to a price per unit of $150,000, with a total of 20 units. The building has a square footage of 17,450, resulting in a price per square foot of $171.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,000,000
• Units: 20
• Price Per Unit: $150,000
• Square Footage: 17,450
• Price Per Square Foot: $171
• Date of Transaction: 09/09/2026
• Brokers: James Clough & Cristian Gavriluti - Real Realty

This transaction was facilitated by brokers James Clough and Cristian Gavriluti, who represent the deal and are affiliated with Real Realty. Their involvement indicates a strategic approach to navigating the complexities of the Chicago multifamily market, contributing to the successful closure of this transaction.