Charlie Taxman And Aaron Strauss Purchase Multifamily Property From Laura Kelly For $1.445M
SOLD
$1,445,000
Illinois
See Similar DealsMultiFamily5,500 SF
Sold 03/16/2026
SOLD
Charlie Taxman And Aaron Strauss Purchase Multifamily Property From Laura Kelly For $1.445M
2017 West Ohio Street
See Similar DealsMultiFamily5,500 SF
Sold 03/16/2026
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$262
Total Square Footage:5,500 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,133.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,850.04
Annual Debt Service$82,200.45
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