Charlie Taxman And Aaron Strauss Purchase Multifamily Property From Laura Kelly For $1.445M
2017 West Ohio Street
$1,445,000
$262/SF
Building Size
5,500 SF
Asset Type
MultiFamily
Closing
Mar 16, 2026
AI
The property asset involved in this transaction is a multifamily unit located at 2017 West Ohio Street, Chicago. The sale price was $1,445,000, comprising 6 units within a total square footage of 5,500, resulting in a price per unit of $240,833 and a price per square foot of $262.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,445,000
- Address: 2017 West Ohio Street
- Market: Chicago
- Units: 6
- Square Footage: 5,500
- Price Per Unit: $240,833
- Price Per Square Foot: $262
- Buyer: Charlie Taxman & Aaron Strauss
- Seller: Laura Kelly
- Buyer's Representative: Alexander Morsch - Compass
The deal involved key individuals including buyers Charlie Taxman and Aaron Strauss, who acquired the property from seller Laura Kelly. The transaction was represented by Alexander Morsch of Compass as the buyer's representative.
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
10.98%
Cash-on-Cash
-3.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93