Abe Fattah Purchases Multifamily Asset From Cherea Bonds In Chicago For $2.15 Million
1152 South Keeler Avenue
$2,150,000
$83/SF
Building Size
25,850 SF
Asset Type
MultiFamily
Closing
Jan 19, 2026
AI
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
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93