Ahmed Almanaseer Sells Multifamily Property At 3136 North Clifton Avenue In Chicago For $1.92M
3136 North Clifton Avenue
$1,920,000
$394/SF
Building Size
4,869 SF
Asset Type
MultiFamily
Closing
Oct 8, 2025
AI
The property asset involved in the transaction is a multifamily building located at 3136 North Clifton Avenue in Chicago. The sale price for this asset was $1,920,000. The property comprises 5 units, totaling 4,869 square feet, resulting in a price per unit of $384,000 and a price per square foot of $394.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,920,000
- Address: 3136 North Clifton Avenue
- Market: Chicago
- Units: 5
- Square Feet: 4,869
- Price Per Unit: $384,000
- Price Per Square Foot: $394
- Seller: Ahmed Almanaseer
- Buyer's Representative: Geoffrey Zureikat - Compass
- Seller's Representative: Ahmed Almanaseer
The transaction featured Ahmed Almanaseer acting as both the seller and the seller's representative, while Geoffrey Zureikat from Compass represented the buyer in this deal. These parties played crucial roles in facilitating the successful closure of the transaction.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.26%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93