Jerry Brown Purchases Multifamily Property At 7256 South Merrill Avenue For $1.125M With Seller's Rep Robert Berman & Jeremy DeMarco

The property asset involved in the transaction is a multifamily building located at 7256 South Merrill Avenue in Chicago. This asset has 12 units with a total square footage of 12,000. The sale price was $1,125,000, resulting in a price per unit of $93,750 and a price per square foot of $93.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,125,000
• Units: 12
• Square Footage: 12,000
• Price Per Unit: $93,750
• Price Per Square Foot: $93
• Buyer: Jerry Brown
• Seller: Rajesh Venkatachalam
• Seller's Representative: Robert Berman & Jeremy DeMarco - Nara Realty Advisors
• Date of Sale: 11/10/2025

This transaction highlights the involvement of Jerry Brown as the buyer and Rajesh Venkatachalam as the seller. The deal was represented by Robert Berman and Jeremy DeMarco from Nara Realty Advisors, effectively facilitating the transaction between both parties.