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633 South Laflin Street

Alec Greenberg Purchases Multifamily Property On South Laflin Street For $3.12M With Brokers Brewster Hague & Tommy Galvin
SOLDMultiFamily

Alec Greenberg Purchases Multifamily Property On South Laflin Street For $3.12M With Brokers Brewster Hague & Tommy Galvin

633 South Laflin Street

$3,116,263

$288/SF

Building Size

10,800 SF

Asset Type

MultiFamily

Closing

Feb 13, 2026

AI

The property asset involved in the transaction is a multifamily asset located at 633 South Laflin Street in Chicago. This sale was completed for a price of $3,116,263, encompassing a total of 16 units. The asset has a total square footage of 10,800, which translates to a price per unit of $194,766 and a price per square foot of $288.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,116,263
  • Buyer: Alec Greenberg
  • Seller: Dan Marder
  • Brokers: Brewster Hague & Tommy Galvin - Greenstone Partners
  • Units: 16
  • Square Footage: 10,800
  • Price Per Unit: $194,766
  • Price Per Square Foot: $288

The key individuals involved in this transaction include the buyer, Alec Greenberg, and the seller, Dan Marder. The brokers representing this transaction are Brewster Hague and Tommy Galvin from Greenstone Partners, facilitating the sale of this multifamily property.

Players

Brewster Hague

Greenstone Partners

Broker

$71.6M

vol

24 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

5.09%

Cash-on-Cash

-1.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93