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2017 West Ohio Street

Charlie Taxman And Aaron Strauss Purchase Multifamily Property From Laura Kelly For $1.445M
SOLDMultiFamily

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

Alexander Morsch

Compass

Broker

$25M

vol

9 deals

Broker
Laura Kelly

Laura Kelly

Seller

$3.4M

vol

2 deals

Seller

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