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

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SOLD
$1,600,000

Illinois

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MultiFamily12,000 SF
Sold 11/04/2025
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Property Image
SOLD

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

6607 South Greenwood Avenue & 6609 South Greenwood Avenue

See Similar Deals
MultiFamily12,000 SF
Sold 11/04/2025
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$133
Total Square Footage:12,000 SF
Transaction Type:Sale

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
21 deals$36.8M volume(312) 610-1704
BROKER

Jeremy DeMarco
Nara Realty Advisors
10 deals$25.5M volume(312) 890-2232
BROKER

Details

SOLD
IMAGE: Robert Berman & Jeremy DeMarco DATE: 11/04/2025 ADDRESS: 6607 South Greenwood Avenue & 6609 South Greenwood Avenue MARKET: Chicago ASSET TYPE: MultiFamily BUYER: Ruben Diaz SELLER: Dave Rodriguez BROKERS: Robert Berman & Jeremy DeMarco - Nara Realty Advisors SALE PRICE: $1,600,000 UNITS: 12 ~ PPU: $133,333 SF: 12,000 ~ PPSF: $133

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

$85,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80