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3136 North Clifton Avenue

Ahmed Almanaseer Sells Multifamily Property At 3136 North Clifton Avenue In Chicago For $1.92M
SOLDMultiFamily

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

Ahmed Almanaseer

Broker

$4.8M

vol

2 deals

Broker
Compass
CompassBrokerage

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

8.26%

Cash-on-Cash

-2.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93