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6607 South Greenwood Avenue

Ruben Diaz Purchases Multifamily Property From Dave Rodriguez For $1.6M In Chicago
SOLDMultiFamily

Ruben Diaz Purchases Multifamily Property From Dave Rodriguez For $1.6M In Chicago

6607 South Greenwood Avenue & 6609 South Greenwood Avenue

$1,600,000

$133/SF

Building Size

12,000 SF

Asset Type

MultiFamily

Closing

Nov 3, 2025

AI

The property asset involved in the transaction is a multifamily building located at 6607 South Greenwood Avenue & 6609 South Greenwood Avenue in the Chicago market. The sale price was $1,600,000, and the property consists of 12 units, providing a price per unit of $133,333. The total square footage of the property is 12,000, leading to a price per square foot of $133.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,600,000
  • Units: 12
  • Price Per Unit: $133,333
  • Square Footage: 12,000
  • Price Per Square Foot: $133
  • Buyer: Ruben Diaz
  • Seller: Dave Rodriguez
  • Brokers: Robert Berman & Jeremy DeMarco - Nara Realty Advisors

The key individuals involved in the deal include Ruben Diaz as the buyer and Dave Rodriguez as the seller. The transaction was facilitated by brokers Robert Berman and Jeremy DeMarco, who represent the multi-family aspect of the deal through their agency, Nara Realty Advisors.

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

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93