David Pezzola Acquires 204-Unit Multifamily Portfolio In Kenwood, Chicago For $27M
4500 s. drexel, 4727 s ingleside, 4746 s. ingleside, 811 e 46th, 4001 s. ellis, 4433 s. greenwood, chicago, il 60653
MultiFamily
Sold 1 year ago
Summary
An undisclosed buyer has acquired a multifamily property portfolio in Kenwood, Chicago. The portfolio consists of six properties located at 4500 S. Drexel, 4737 S Ingleside, 4746 S. Ingleside, 811 E 46th, 4001 S. Ellis, and 4433 S. Greenwood. The transaction was closed on December 16, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $27,000,000
- Units: 204
- Price Per Unit (PPU): $132,353
- Market: Kenwood, Chicago
The buyer, David Pezzola, acquired the portfolio from Mendy Raskin and Jonathan Kranzler. The deal was facilitated by brokers Lucas Fryman, Ted Stratman, and Samuel (Sam) Gutierrez from Interra Realty.
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4500 s. drexel, 4727 s ingleside, 4746 s. ingleside, 811 e 46th, 4001 s. ellis, 4433 s. greenwood, chicago, il 60653
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