Ahmad Ali Purchases Multifamily Property From Don Brown For $2,232,500 In Chicago

The property asset involved in the transaction is a multifamily building located at 7237 South Bennett Avenue in Chicago. The sale price of the property was $2,232,500, comprising 24 units with a price per unit of $93,020. The total square footage of the building is 19,000, resulting in a price per square foot of $117.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,232,500
• Units: 24
• Price Per Unit: $93,020
• Square Footage: 19,000
• Price Per Square Foot: $117
• Buyer: Ahmad Ali
• Seller: Don Brown
• Seller's Representative: Robert Berman & Jeremy DeMarco - Nara Realty Advisors

In this transaction, Ahmad Ali acquired the property from Don Brown, with Robert Berman and Jeremy DeMarco representing the seller through Nara Realty Advisors. This representation was critical in facilitating the agreement between the buyer and seller.