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5510 South Ashland Avenue

Akram Jaber Purchases Mixed-Use Property From Theresa Jurgus In Chicago For $895,000
SOLDMixed-use

Akram Jaber Purchases Mixed-Use Property From Theresa Jurgus In Chicago For $895,000

5510 South Ashland Avenue

$895,000

$55/SF

Building Size

16,100 SF

Asset Type

Mixed-use

Closing

Nov 24, 2025

AI

The property involved in this transaction is a mixed-use asset located at 5510 South Ashland Avenue in the Chicago market. It was sold for $895,000, with a total of 15 units and a square footage of 16,100, resulting in a price per unit of $59,666 and a price per square foot of $55.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $895,000
  • Units: 15
  • Square Footage: 16,100
  • Price Per Unit: $59,666
  • Price Per Square Foot: $55
  • Buyer: Akram Jaber
  • Seller: Theresa Jurgus
  • Brokers: Robert Berman & Daniel Shabsin - Nara Realty Advisors

The key individuals involved in the transaction include Akram Jaber, who acted as the buyer, and Theresa Jurgus, the seller. Robert Berman and Daniel Shabsin represented the interests of both parties through their roles at Nara Realty Advisors, facilitating the successful completion of the deal.

Players

Robert Berman

Nara Realty Advisors

Broker

$36.8M

vol

21 deals

Broker

Chicago Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

17.72%

Cash-on-Cash

-5.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93