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:
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 2500 North Mozart Street
- Market: Chicago
- Buyer's Representative: Sam Shaffer - Chicago Properties Firm
- Seller's Representative: Daniel Csuk - Redfin
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
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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