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4342 North Mozart Street, C...

Updated Dec 19, 2023

Westward 360 Acquires Multifamily Property In Chicago For $1.055M
SOLDMultiFamily

Westward 360 Acquires Multifamily Property In Chicago For $1.055M

4342 North Mozart Street, Chicago, IL, USA

$1,055,000

$248/SF

Building Size

4,250 SF

Asset Type

MultiFamily

Closing

Jan 4, 2021

About this deal

AI

A multifamily property located at 4342 N. Mozart Street in Chicago has been sold for $1,055,000. The property consists of 7 units and spans 4,250 square feet, resulting in a price per square foot of $248. The buyer's representative in this transaction was Nathan Brown from Westward 360, while the seller's representative was Marc Devereux from Coldwell Banker Realty.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,055,000
  • Address: 4342 N. Mozart Street, Chicago
  • Square Footage: 4,250
  • Price per Square Foot: $248
  • Number of Units: 7
  • Buyer's Representative: Nathan Brown - Westward 360
  • Seller's Representative: Marc Devereux - Coldwell Banker Realty

This successful sale was facilitated by the buyer's representative, Nathan Brown from Westward 360, and the seller's representative, Marc Devereux from Coldwell Banker Realty. Both parties played a crucial role in ensuring the smooth transaction of the multifamily property located at 4342 N. Mozart Street in Chicago.

Players

Marc Devereux

Coldwell Banker

Broker

$2.4M

vol

2 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $248 per square foot on a published $1.1M for 4,250 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.04%

Cash-on-Cash

-4.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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