Updated Aug 6, 2026
Guoxiang Ding Acquires Multifamily Property At 7929, 7935, 7957 South Wood Street For $1.67M
7929 South Wood Street
$1,670,000
Units
13
Asset Type
MultiFamily
Closing
Jul 16, 2026
About this deal
AI
The property asset involved in the transaction is a multifamily unit consisting of 20 units, located at 7929, 7935, 7957 South Wood Street in the Chicago market. The sale was finalized at a total price of $1,670,000, resulting in a price per unit of $83,500.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,670,000
- Units: 20
- Price Per Unit: $83,500
- Buyer: Guoxiang Ding
- Seller's Representative: Jesus Garcia & Joe Kahlhammer - Essex Realty Group
- Date of Transaction: 07/16/2026
Guoxiang Ding is the buyer in this transaction, while the seller's representatives Jesus Garcia and Joe Kahlhammer are affiliated with Essex Realty Group, facilitating the deal on behalf of the seller.
On the Map
$1,670,000
MultiFamily
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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
9.50%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93