Updated Jul 17, 2026
Mo2 Brokerage LlLC Facilitates $1.225M Sale Of Multifamily Property In Chicago
1034 North Paulina Street, Chicago, IL 60622
$1,225,000
$480/SF
Building Size
2,550 SF
Asset Type
MultiFamily
Closing
Nov 2, 2021
About this deal
AI
A multifamily property located at 1034 N Paulina St in Chicago has recently been sold for a price of $1,225,000. The property consists of 4 units, with each unit being sold at an average price of $306,250. The total square footage of the property is 2,550, resulting in a price per square foot of $480.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,225,000
- Units: 4
- Price per Unit: $306,250
- Square Footage: 2,550
- Price per Square Foot: $480
The sale was facilitated by Kevin Schnell from Mo2 Brokerage LlLC, who represented the parties involved in the transaction. The successful completion of this deal highlights the expertise and professionalism of Kevin Schnell in the Chicago real estate market.
On the Map
$1,225,000
$480/SF
MultiFamily
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Players
Chicago 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
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93