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6710 South Claremont Avenue

Updated Oct 20, 2026

David Pezzola Acquires Multifamily Property At 6710 South Claremont Avenue For $2,856,000
SOLDMultiFamily

David Pezzola Acquires Multifamily Property At 6710 South Claremont Avenue For $2,856,000

6710 South Claremont Avenue

$2,856,000

$71/SF

Building Size

40,150 SF

Asset Type

MultiFamily

Closing

Sep 28, 2026

About this deal

AI

The asset involved in this transaction is a multifamily property located at 6710 South Claremont Avenue in Chicago. The sale price for the property was $2,856,000, encompassing a total of 55 units. The overall square footage of the property is 40,150, resulting in a price per unit of $51,927 and a price per square foot of $71.

Summary of transaction details:

The transaction was facilitated by brokers Robert Berman and Michael Anguiano, both of whom are affiliated with Nara Realty Advisors. They represented both the buyer, David Pezzola, and the seller, Naftalie Berger, in this multifamily asset transaction, ensuring a smooth process between the parties involved.

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$2,856,000

$71/SF

MultiFamily

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Players

Michael Anguiano

Nara Realty Advisors

Broker

$67.6M

vol

13 deals

Broker

David Pezzola

Buyer

$62.1M

vol

4 deals

Buyer
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Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $71 per square foot on a published $2.9M for 40,150 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.55%

Cash-on-Cash

-1.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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