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9822 Nottingham Avenue

Michael Duckler Of Interra Realty Brokers $3.39M Multifamily Sale In Chicago Ridge And Midlothian
SOLDMultiFamily

Michael Duckler Of Interra Realty Brokers $3.39M Multifamily Sale In Chicago Ridge And Midlothian

9822 Nottingham Avenue, 14613 Keystone Avenue & 14639 Karlov Avenue

$3,390,000

Building Size

Asset Type

MultiFamily

Closing

Apr 3, 2026

AI

The transaction involved the sale of three multifamily properties located at 9822 Nottingham Avenue in Chicago Ridge, and a two-building, 12-unit portfolio at 14613 South Keystone Avenue and 14639 South Karlov Avenue in Midlothian. The total sale price for the properties was $3,390,000, with a price per unit of $113,000 for the 30 units across the assets. All properties were fully occupied at the time of the sale.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,390,000
  • Number of Units: 30
  • Price per Unit: $113,000
  • Addresses: 9822 Nottingham Avenue, 14613 South Keystone Avenue, 14639 South Karlov Avenue
  • Market: Chicago Ridge & Midlothian
  • Broker: Michael Duckler - Interra Realty

Interra Realty facilitated the sale, representing confidential buyers and sellers in these off-market transactions. The broker, Michael Duckler, played a key role in the sale processes for both the property in Chicago Ridge and the two-building portfolio in Midlothian, revealing a strategic approach in managing these transactions.

Players

Michael Duckler

Interra Realty

Broker

$77M

vol

23 deals

Broker

Chicago Ridge 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

4.68%

Cash-on-Cash

-1.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93