1In their notice of cross-appeal, defendants state that 95th & Stony I, LLC and 95th &
Stony II, LLC, were the correct names under which those two entities should have been sued.
We will use the names contained in the pleadings and the notices of appeal.
SEPTEMBER 12, 2007
NICHOLAS A. KARRIS, ) Appeal from the
) Circuit Court of
Plaintiff-Appellant and Cross-Appellee, ) Cook County.
US EQUITIES DEVELOPMENT, INC.; )
U.S. EQUITIES REALTY, INC.; 95th AND STONY )
ISLAND I, LLC; 95th AND STONY ISLAND II, LLC, ) No. 04 CH 4408
Defendants-Appellees and Cross-Appellants, ))
(Johnny Young, Andres Son and Robert Wislow, ) Honorable
) David R. Donnersberger,
Defendants). ) Judge Presiding.
JUSTICE CUNNINGHAM delivered the opinion of the court:
The plaintiff, Nicholas A. Karris (Karris), appeals from the orders of the circuit court of Cook
County granting summary judgment to the defendants-appellants, US Equities Development, Inc, US
Equities Realty, Inc., 95th & Stony Island I, LLC and 95th & Stony Island II, LLC (defendants),1 on
counts I and II of his complaint seeking specific performance of a contract for the sale of a developed
property (subject property). There were no other counts. Counts I and II, respectively, sought
specific performance of sale of the subject property for $25,850,000 and $25,333,000 (98% of
$25,850,000). On appeal, Karris contends that the trial court misapplied the law when it granted
summary judgment on counts I and II and asks this court to reverse and remand the cause for trial
on the merits. The defendants cross-appeal from the order of the trial court denying a prior motion