Updated Dec 18, 2023
Alex Till Of Baird & Warner Acquires Multifamily In Chicago For $1,150,000
2726 North Mozart Street, Chicago, IL, USA
$1,150,000
$155/SF
Building Size
7,405 SF
Asset Type
MultiFamily
Closing
Sep 2, 2021
About this deal
AI
Located in the vibrant city of Chicago, the multifamily property at 2726 N Mozart S has recently changed hands in a closed transaction. The sale took place on 09/02/2021, with a sale price of $1,150,000. This property is an excellent addition to the market, offering great potential for future investors.
Summary of Transaction Details
- Property Type: Multifamily
- Sale Price: $1,150,000
- Address: 2726 N Mozart S, Chicago
- Market: Chicago
Representing the buyer's side was Alex Till from Baird & Warner, ensuring a smooth negotiation process for their client. On the other hand, Stephen Schneider from Corcoran Urban Real Estate successfully represented the seller, providing valuable insights and guidance throughout the transaction.
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93