1011 N MOZART Street

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1011 N MOZART Street

Chicago, IL 60622
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 1011 N Mozart Street in Chicago, Illinois.
  • Property is classified as a multifamily apartment building asset.
  • Situated within the established and dense West Town neighborhood.
  • Positioned in a submarket with consistent demand for rental units.
  • Suitable for investors targeting stabilized multifamily residential property assets.

What's Special

Situated in the West Town neighborhood of Chicago, this multifamily apartment building at 1011 N Mozart Street benefits from a vibrant urban environment characterized by a mix of historic architecture and modern residential redevelopment. The local submarket maintains strong demand for rental housing due to its accessibility to downtown Chicago and proximity to major employment hubs. This asset type is well-suited for long-term investors seeking to capitalize on the steady population density and transit-oriented nature of the area. Institutional and private owners in this part of Chicago often utilize such properties for stable cash flow generation through rental income. The property's location provides tenants with convenient access to a variety of local amenities and major transport corridors, making it a viable addition to a residential investment portfolio within the metropolitan area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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