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Abe Fattah Purchases Multifamily Asset From Cherea Bonds In Chicago For $2.15 Million

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SOLD
$2,150,000

Illinois

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MultiFamily25,850 SF
Sold 01/19/2026
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Property Image
SOLD

Abe Fattah Purchases Multifamily Asset From Cherea Bonds In Chicago For $2.15 Million

1152 South Keeler Avenue

See Similar Deals
MultiFamily25,850 SF
Sold 01/19/2026
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$83
Total Square Footage:25,850 SF
Transaction Type:Sale

This multifamily asset is located at 1152 South Keeler Avenue in the Chicago market. The sale was executed for a total of $2,150,000, representing a price per square foot of $83. The property encompasses 25,850 square feet and comprises 31 units.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,150,000
  • Address: 1152 South Keeler Avenue
  • Market: Chicago
  • Square Footage: 25,850
  • Price Per Square Foot: $83
  • Units: 31
  • Buyer: Abe Fattah
  • Seller: Cherea Bonds
  • Broker Representatives: Robert Berman & Jeremy DeMarco - Nara Realty Advisors

The transaction involved key individuals, with Abe Fattah representing the buyer and Cherea Bonds as the seller. The brokerage team for this deal consisted of Robert Berman and Jeremy DeMarco from Nara Realty Advisors, who facilitated the transaction.

Players

Robert Berman
21 deals$36.8M volume(312) 610-1704
BROKER

Jeremy DeMarco
Nara Realty Advisors
10 deals$25.5M volume(312) 890-2232
BROKER

Details

SOLD
IMAGE: Robert Berman & Jeremy DeMarco DATE: 01/20/2026 ADDRESS: 1152 South Keeler Avenue MARKET: Chicago ASSET TYPE: Multifamily BUYER: Abe Fattah SELLER: Cherea Bonds BROKERS: Robert Berman & Jeremy DeMarco - Nara Realty Advisors SALE PRICE: $2,150,000 SF: 25,850 ~ PPSF: $83 UNITS: 31

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$114,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,638.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,192.10
Annual Debt Service$122,305.16