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7245 South Bennett Avenue

Ahmad Ali Purchases Multifamily Property At 7245 South Bennett Avenue From Don Brown For $1,767,500
SOLDMultiFamily

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:

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

Robert Berman

Nara Realty Advisors

Broker

$44.9M

vol

25 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

8.97%

Cash-on-Cash

-2.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93