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633 South Laflin Street

Gabe Horstick And Alec Greenberg Acquire Multifamily Asset At 633 South Laflin Street For $3.12M
SOLDMultiFamily

Gabe Horstick And Alec Greenberg Acquire Multifamily Asset At 633 South Laflin Street For $3.12M

633 South Laflin Street

$3,116,000

$261/SF

Building Size

11,925 SF

Asset Type

MultiFamily

Closing

Feb 13, 2026

AI

The asset involved in this transaction is a multifamily property located at 633 South Laflin Street in Chicago. It was sold for $3,116,000, encompassing a total area of 11,925 square feet, resulting in a price per square foot of $261.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,116,000
  • Address: 633 South Laflin Street
  • Market: Chicago
  • Square Footage: 11,925
  • Price per Square Foot: $261
  • Buyer: Gabe Horstick & Alec Greenberg
  • Seller: John Doe
  • Brokers: Tommy Galvin & Brewster Hague - Greenstone Partners

The transaction highlights the involvement of Gabe Horstick and Alec Greenberg as the buyers, while John Doe acted as the seller. The brokerage representation for this deal was provided by Tommy Galvin and Brewster Hague, who are associated with Greenstone Partners.

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