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Chicago Multifamily Property Sold For $1.9M With Brokers Robert Berman & Michael Anguiano

Property Image
SOLD
$1,900,000

Illinois

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MultiFamily13,625 SF
Sold 09/29/2025
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Property Image
SOLD

Chicago Multifamily Property Sold For $1.9M With Brokers Robert Berman & Michael Anguiano

6153 South Vernon Avenue

See Similar Deals
MultiFamily13,625 SF
Sold 09/29/2025
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$139
Total Square Footage:13,625 SF
Transaction Type:Sale

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

Michael Anguiano
11 deals$64.1M volume
BROKER

Robert Berman
Nara Realty Advisors
21 deals$36.8M volume(312) 610-1704
BROKER

Details

SOLD
IMAGE: Robert Berman & Michael Anguiano DATE: 09/30/2025 ADDRESS: 6153 South Vernon Avenue MARKET: Chicago ASSET TYPE: Multifamily BROKERS: Robert Berman & Michael Anguiano - Nara Realty Advisors SALE PRICE: $1,900,000 UNITS: 18 ~ PPU: $105,555 SF: 13,625 ~ PPSF: $139

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$101,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63