Jameson Sotheby's International Realty Brokers Ryan Grober & Julian Levit Sell 3-Unit Multifamily Property In Humboldt Park For $850,000
849 North Mozart Street, Chicago, Illinois 60622, United States
$850,000
$194/SF
Building Size
4,368 SF
Asset Type
MultiFamily
Closing
Mar 24, 2022
AI
The multifamily property located at 849 N Mozart St in Humboldt Park, Chicago has been sold. The sale was facilitated by brokers Ryan Grober and Julian Levit from Jameson Sotheby's International Realty. The property was listed with an asking price of $860,000 and was eventually sold for $850,000. It consists of 3 units, making the price per unit approximately $283,333. The total square footage of the property is 4,368, resulting in a price per square foot of $199.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $850,000
- Address: 849 N Mozart St, Humboldt Park, Chicago
- Broker: Ryan Grober & Julian Levit - Jameson Sotheby's International Realty
- Asking Price: $860,000
- Units: 3
- Price per Unit: $283,333
- Square Footage: 4,368
- Price per Square Foot: $199
The successful sale of this multifamily property showcases the expertise of brokers Ryan Grober and Julian Levit from Jameson Sotheby's International Realty. By effectively marketing and negotiating the sale, they were able to achieve a sale price very close to the asking price. This transaction highlights their professionalism and dedication to their clients.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
18.66%
Cash-on-Cash
-5.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93