Updated Apr 7, 2026
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
Units
30
Asset Type
MultiFamily
Closing
Apr 3, 2026
About this deal
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
Chicago Ridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Duckler to view all their deals.
Browse Chicago Ridge multifamily sales on Traded.
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