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Chicago Metropolitan Housing Development Corporation (CMHDC) & DAG Vine Place LLC Acquire Multifamily Property In Chicago & Park Ridge From John Scorte For $14.1M

4848 West Wrightwood Avenue & 400 West Talcott Road
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This MultiFamily property located in IL was sold for $14,100,000 about 3 years ago. The brokers of the deal were Craig Martin and Brian DiBasilio

The multifamily property located at 4848 W. Wrightwood Avenue and 400 W. Talcott Road in Chicago and Park Ridge was recently sold for $14,100,000. The transaction was facilitated by brokers Craig Martin and Brian DiBasilio from Interra Realty. The property consists of 67 units, making the per unit price $210,448.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $14,100,000
  • Market: Chicago & Park Ridge
  • Buyers: Chicago Metropolitan Housing Development Corporation (CMHDC) & DAG Vine Place LLC
  • Seller: John Scorte
  • Brokers: Craig Martin & Brian DiBasilio - Interra Realty
  • Units: 67
  • Per Unit Price: $210,448

The buyers in this transaction were the Chicago Metropolitan Housing Development Corporation (CMHDC) and DAG Vine Place LLC. The seller was John Scorte. The deal was successfully executed with the assistance of brokers Craig Martin and Brian DiBasilio from Interra Realty.

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Deals
  • Location
    4848 West Wrightwood Avenue, Chicago, IL, USA4848 West Wrightwood Avenue, Chicago, IL, USA
  • Sale Price
    $14,100,000$14,100,000
    $18,800 PPSF$18,800 PPSF
  • Area
    750 SF750 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 2 Agencies2 Brokers, 2 Agencies

Agents

Craig Martin

Craig Martin

Deals21
Sold$190.8M

Agencies

Interra Realty

Interra Realty

Agency
Deals301
Volume$2B

Triad Real Estate Partners

Triad Real Estate Partners

Agency
Deals19
Volume$171.8M

Social

Deal Summary

[embed] SALE IMAGE: Craig Martin & Brian DiBasilio DATE: 01/14/2021 ADDRESS: 4848 W. Wrightwood Avenue & 400 W. Talcott Road MARKET: Chicago & Park Ridge ASSET TYPE: Multifamily BUYERS: Chicago Metropolitan Housing Development Corporation (CMHDC) & DAG Vine Place LLC SELLER: John Scorte BROKERS: Craig Martin & Brian DiBasilio - Interra Realty PRICE: $14,100,000 UNITS: 67 ~ PPU: $210,448

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4848 West Wrightwood Avenue & 400 West Talcott Road

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