Updated Jul 23, 2026
Sal Chand Purchases Multifamily Asset At 2440 West Ardmore Avenue In Chicago For $925,786
2440 West Ardmore Avenue
$925,786
Units
6
Asset Type
MultiFamily
Closing
Jul 15, 2026
About this deal
AI
The property involved in this transaction is a multifamily asset located at 2440 West Ardmore Avenue in Chicago, comprising a total of 6 units. The sale was concluded at a price of $925,786, resulting in a price per unit of $154,297.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $925,786
- Units: 6
- Price Per Unit: $154,297
- Buyer: Sal Chand
- Seller: Don Snow
- Buyer's Representative: Shiraz Syed - Seed Realty LLC
- Buyer's Attorney: Andrew Pearson - AJP Law Firm LLC
- Date of Transaction: 07/15/2026
This transaction involved key individuals such as Shiraz Syed representing the buyer, Sal Chand, while Andrew Pearson served as the buyer's attorney, providing legal support for the transaction. The seller, Don Snow, facilitated the sale of the property, marking a significant step in his investment portfolio.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Seed Realty LLC to view all their deals.
Browse Chicago multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.13%
Cash-on-Cash
-4.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93