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6014 South Calumet Avenue

Marcin Kania Purchases Multifamily Assets In Chicago For $2.3 Million From Donny Brown
SOLDMultiFamily

Marcin Kania Purchases Multifamily Assets In Chicago For $2.3 Million From Donny Brown

6014 South Calumet Avenue, 1407 East 66th Place, 6129 South Eberhart Avenue & 6430 South Ellis Avenue

$2,300,000

$95/SF

Building Size

24,000 SF

Asset Type

MultiFamily

Closing

Feb 26, 2026

AI

The transaction involves a multifamily asset located at 6014 South Calumet Avenue, 1407 East 66th Place, 6129 South Eberhart Avenue, and 6430 South Ellis Avenue in the Chicago market. The sale price for this property was $2,300,000, which encompasses 24 units with a price per unit of $95,833. The total square footage of the property is 25,800, resulting in a price per square foot of $89.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,300,000
  • Units: 24
  • Price Per Unit: $95,833
  • Square Footage: 25,800
  • Price Per Square Foot: $89
  • Buyer: Marcin Kania
  • Seller: Donny Brown
  • Brokers: Robert Berman & Jeremy DeMarco - Nara Realty Advisors

Key individuals involved in this transaction include the buyer, Marcin Kania, and the seller, Donny Brown, who completed the deal through the representation of brokers Robert Berman and Jeremy DeMarco from Nara Realty Advisors. This showcases a collaborative effort between these parties to finalize the property sale.

Players

Robert Berman

Nara Realty Advisors

Broker

$38.4M

vol

22 deals

Broker

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

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93