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3579 West Mclean Avenue

Updated Oct 27, 2026

Jennifer Rodriguez Purchases Multifamily Property In Chicago's Logan Square From Gonza Michelli For $950,000
SOLDMultiFamily

Jennifer Rodriguez Purchases Multifamily Property In Chicago's Logan Square From Gonza Michelli For $950,000

3579 West Mclean Avenue

$950,000

$292/SF

Building Size

3,250 SF

Asset Type

MultiFamily

Closing

Aug 24, 2026

About this deal

AI

3579 West Mclean Avenue is a multifamily property located in the Chicago market, featuring a sale price of $950,000. The building comprises three residential units and has a total square footage of 3,250. The price per unit is calculated at $316,666, while the price per square foot stands at $292.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $950,000
  • Buyer: Jennifer Rodriguez
  • Seller: Gonza Michelli
  • Broker: Brian Mond - Bauvista
  • Units: 3
  • Square Footage: 3,250
  • Price Per Unit: $316,666
  • Price Per Square Foot: $292
  • Date of Transaction: 08/24/2026

The transaction was facilitated by Brian Mond from Bauvista, acting as the broker for the seller, Gonza Michelli. The property was marketed as a turnkey 3-flat that underwent a full gut rehab in 2021, ensuring minimal deferred maintenance and new mechanicals throughout.

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$950,000

$292/SF

MultiFamily

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Players

Brian Mond

BAUVISTA

Broker

$58.5M

vol

28 deals

Broker
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Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $292 per square foot on a published $950K for 3,250 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

16.70%

Cash-on-Cash

-4.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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