Chicago Multifamily Property Sold For $1.9M With Brokers Robert Berman & Michael Anguiano
6153 South Vernon Avenue
$1,900,000
$139/SF
Building Size
13,625 SF
Asset Type
MultiFamily
Closing
Sep 29, 2025
AI
The property involved in this transaction is a multifamily asset located at 6153 South Vernon Avenue in the Chicago market. The sale price of the property is $1,900,000, which reflects a price per unit of $105,555 for its 18 units. The total square footage of the property is 13,625, leading to a price per square foot of $139.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,900,000
- Total Units: 18
- Price Per Unit: $105,555
- Total Square Footage: 13,625
- Price Per Square Foot: $139
- Date of Sale: 09/30/2025
- Brokers: Robert Berman & Michael Anguiano - Nara Realty Advisors
The key individuals involved in the deal are brokers Robert Berman and Michael Anguiano, who represent the transaction for Nara Realty Advisors. They played a pivotal role in facilitating the sale of the multifamily asset.
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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93