7038 S. Chappel Ave., Chicago
CHICAGO—DAX Real Estate of New York City has sold athree-building multifamily property portfolio on the South Shorefor a record-setting price of $18.4 million.
The deal announced by brokerage firm the Kiser Group involvesthe 208-units located at 7500 S. South Shore, 6916 S. Clyde Ave.and 7038 S. Chappel Ave. The Kiser Group represented DAX RealEstate in the deal. The buyer was not revealed in the pressannouncement. However, a Neenah, WI based firm led by investorTrinity Flood, acquired the properties, according to a report inCrain's Chicago Business.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
