D'AGOSTINO v. Bank of Ravenswood

Plaintiff, Vincenzo D’Agostino, brought this action against defendants Bank of Ravenswood, as trustee for Steve Spanos, the original seller, and Commercial National Bank of Chicago, as trustee for Peter Tselepatiotis, the subsequent purchaser, for specific performance of an alleged contract dated May 8, 1986, for the sale of a commercial building. Plaintiff asserted that the alleged contract between plaintiff and Spanos for the sale of the building for $230,000 was valid. At the time of trial, the property was held in trust for the subsequent purchaser, Tselepatiotis, who paid $232,500 for…