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849 North Mozart Street, Ch...

Jameson Sotheby's International Realty Brokers Ryan Grober & Julian Levit Sell 3-Unit Multifamily Property In Humboldt Park For $850,000
SOLDMultiFamily

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

Ryan Grober

Sotheby's International Realty

Broker

$5.2M

vol

6 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

18.66%

Cash-on-Cash

-5.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93