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7929 South Wood Street

Guoxiang Ding Acquires Multifamily Property At 7929, 7935, 7957 South Wood Street For $1.67M
SOLDMultiFamily

Guoxiang Ding Acquires Multifamily Property At 7929, 7935, 7957 South Wood Street For $1.67M

7929 South Wood Street

$1,670,000

Building Size

Asset Type

MultiFamily

Closing

Jul 16, 2026

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:

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.

Players

Joseph Kahlhammer

Essex Realty Group

Broker

$16.3M

vol

8 deals

Broker

Guoxiang Ding

Buyer

$1.7M

vol

1 deal

Buyer

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