Essex Realty Group Brokers Sell Mixed-Use Property In Chicago For $3.4M
4401 N Mozart St.
$3,423,000
$3,803/SF
Building Size
900 SF
Asset Type
Mixed-use
Closing
Oct 21, 2020
About this deal
AI
4401-4407 North Mozart Street in Chicago has been sold in a recent mixed-use property transaction. The property consists of 19 units and was sold for a total price of $3,423,000, equating to an average price per unit of $180,158.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,423,000
- Units: 19
- Price per Unit: $180,158
Steve Livaditis, Abe Eilian, and Matt Feo of Essex Realty Group served as the brokers in this deal.
The mixed use sale at 4401 N Mozart St. in Chicago, Illinois sold for $3.4M in 2020. Reported inventory is 900 square feet across 19 units, or about 3.8K per square foot. Steven (Steve) Livaditis, Abe Eilian, Matt Feo, Essex Realty Group appear on the sale alongside Essex Realty Group. This page is the Chicago, Illinois file for the 4401 N Mozart St. mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Chicago sit in the Market section below. Filter that Chicago mixed use set by closing date to see what else sold near 4401 N Mozart St. around 2020. Published consideration for 4401 N Mozart St. is $3.4M, dated 2020. Cite this Essex Realty Group Brokers Sell Mixed-Use Property In Chicago For $3.4M sale when underwriting similar mixed use product around Chicago, Illinois.
Players
Chicago Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.63%
Cash-on-Cash
-1.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93