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
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