Updated Oct 27, 2026
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.
On the Map
$950,000
$292/SF
MultiFamily
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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
16.70%
Cash-on-Cash
-4.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93