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8713 Ballard Road

Rehan Hussain Buys Multifamily Asset At 8713 Ballard Road For $1,232,500 With Dean Tubekis As Buyer's Rep
SOLDMultiFamily

Rehan Hussain Buys Multifamily Asset At 8713 Ballard Road For $1,232,500 With Dean Tubekis As Buyer's Rep

8713 Ballard Road

$1

$0/SF

Building Size

5,600 SF

Asset Type

MultiFamily

Closing

Jul 1, 2026

AI

The transaction involved a multifamily property located at 8713 Ballard Road in Des Plaines. The property consists of 6 units and has a total square footage of 5,600. It was listed at an asking price of $1,200,000 and sold for $1,232,500, resulting in a price per unit of $205,417 and a price per square foot of $220.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,232,500
  • Address: 8713 Ballard Road
  • Market: Des Plaines
  • Units: 6
  • Asking Price: $1,200,000
  • Price Per Unit: $205,417
  • Square Footage: 5,600
  • Price Per Square Foot: $220
  • Closing Type: All cash
  • Closing Note: Smooth closing

Rehan Hussain was the buyer, while John Lee was the seller. The buyer was represented by Dean Tubekis from Coldwell Banker, and the seller was represented by Marina Camenschi from Home Smart Connect.

Players

Marina Camenschi

Home Smart Connect

Broker
Broker
John Lee

John Lee

Seller

$2.1M

vol

3 deals

Seller

Des Plaines 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

15863000.00%

Cash-on-Cash

-4533694.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93