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2643 North Mozart Street, C...

Eva Diaz Of Sky High Real Estate Inc. Acquires Multifamily Property On N Mozart St In Chicago For $1.2M
SOLDMultiFamily

Eva Diaz Of Sky High Real Estate Inc. Acquires Multifamily Property On N Mozart St In Chicago For $1.2M

2643 North Mozart Street, Chicago, IL 60647

$1,200,000

$320/SF

Building Size

3,750 SF

Asset Type

MultiFamily

Closing

Dec 15, 2021

AI

A multifamily property located at 2643 N Mozart St in Chicago has been sold for $1,200,000. The property consists of 4 units, resulting in a price per unit of $300,000. The lot size is 3,750 square feet, with a price per square foot of $320.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Units: 4
  • Price per Unit: $300,000
  • Lot Size: 3,750 square feet
  • Price per square foot: $320

Eva Diaz from Sky High Real Estate Inc. represented the buyer in this transaction, while Bob Safranski, from Properties Logan Square, represented the seller.

Players

Bob Safranski

At Properties Commercial

Broker

$2.2M

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93