Updated Dec 17, 2025
Massimo Ressa Of Massimo Properties Inc. Acquires Multifamily Asset In Chicago For $1.5M
3752 West Huron Street
$1,500,000
$107/SF
Building Size
14,000 SF
Asset Type
MultiFamily
Closing
Oct 30, 2025
About this deal
AI
The property asset involved in the transaction is a multifamily building located at 3752 West Huron Street, Chicago. The property was sold for a price of $1,500,000, consisting of 14 units, which results in a price per unit of $107,142. The total square footage of the property is 14,000, resulting in a price per square foot of $107.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Units: 14
- Price Per Unit: $107,142
- Square Footage: 14,000
- Price Per Square Foot: $107
- Buyer: Massimo Ressa - Massimo Properties, Inc.
- Seller's Representative: Theresa Mueller - Trelleum Real Estate
Massimo Ressa, representing Massimo Properties, Inc., is the buyer of the property, and Theresa Mueller of Trelleum Real Estate represents the seller in this transaction. This deal involves key individuals who play significant roles in the negotiation and completion of the sale.
Players
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93