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3752 West Huron Street

Updated Dec 17, 2025

Massimo Ressa Of Massimo Properties Inc. Acquires Multifamily Asset In Chicago For $1.5M
SOLDMultiFamily

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

Theresa Mueller

Trelleum Real Estate

Broker

$3.2M

vol

2 deals

Broker
Trelleum Real Estate
Trelleum Real EstateBrokerage
Massimo Ressa

Massimo Ressa

Buyer

$1.5M

vol

1 deal

Buyer

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $107 per square foot on a published $1.5M for 14,000 square feet (2025).

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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

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