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
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