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
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