Ahmad Ali Purchases Multifamily Property At 7245 South Bennett Avenue From Don Brown For $1,767,500
7245 South Bennett Avenue
$1,767,500
$95/SF
Building Size
18,500 SF
Asset Type
MultiFamily
Closing
Jun 26, 2026
AI
The property asset involved in this transaction is a multifamily building located at 7245 South Bennett Avenue in Chicago. It was sold for $1,767,500 and consists of 19 units, totaling 18,500 square feet. The price per unit is $93,026, while the price per square foot is $95.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,767,500
- Address: 7245 South Bennett Avenue
- Market: Chicago
- Units: 19
- Price Per Unit: $93,026
- Square Feet: 18,500
- Price Per Square Foot: $95
- Buyer: Ahmad Ali
- Seller: Don Brown
- Brokers: Robert Berman & Jeremy DeMarco - Nara Realty Advisors
The deal features Ahmad Ali as the buyer and Don Brown as the seller. The transaction was facilitated by brokers Robert Berman and Jeremy DeMarco, representing Nara Realty Advisors, who played a crucial role in bringing the two parties together for this multifamily property sale.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.97%
Cash-on-Cash
-2.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93