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2500 North Mozart Street

Daniel Csuk Of Redfin Represents Seller In $1.3M Multifamily Sale At 2500 North Mozart Street
SOLDMultiFamily

Daniel Csuk Of Redfin Represents Seller In $1.3M Multifamily Sale At 2500 North Mozart Street

2500 North Mozart Street

$1,300,000

Building Size

Asset Type

MultiFamily

Closing

Aug 1, 2024

AI

A multi-family building located at 2500 North Mozart Street in Chicago's Logan Square has been sold for $1.3 million. The property features a fully updated owner’s unit with high-end amenities, a private balcony, and a rooftop deck, along with two rear rental units that have long-term tenants.

Summary of transation details:

The transaction was handled by Sam Shaffer of Chicago Properties Firm representing the buyer and Daniel Csuk of Redfin representing the seller, showcasing the involvement of notable agencies in the deal.

Players

Sam Shaffer

Chicago Properties Firm

Broker

$3.1M

vol

2 deals

Broker

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

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93