Updated Dec 21, 2023
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
About this deal
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
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