For Sale
2148 N Mozart2838 W ShakespeareChicago, IL 60647
- Asking price
- $4,750,000
- Submarket
- Logan Square
- Offering
- 12 units
- Renovated
- 2025
Investment Summary
Asking price$4,750,000
Per unit$395,833
Cap rate6.42%
NOI$304,946
GRM11.4×
DSCR1.34×
Cash-on-cash4.62%
Cash flow / yr$76,823
BAUVISTA · Confidential
Financials, rent roll and financing
Rent Roll · Income & Expenses · Cost Segregation and the data room open once you accept the confidentiality agreement.
Review and accept the agreementRenovation
Renovation
Property Overview
- Address
- 2148 N Mozart St
2838 W Shakespeare Ave - Buildings
- 2
- Units
- 12
- Unit mix
- 2 bed · 2 bath
- Construction
- Brick masonry
- Renovation
- Gut rehab, 2025
- Submarket
- Logan Square
Renovation
Renovation
Rental Market
Logan Square rent growth+10%
Year over year, to a $2,295 average
Zumper · July 2026Chicago, nationally#2
Most competitive rental market, behind Miami
RentCafe · 2026Chicago rent growth+5.7%
Strongest of Zillow's 10 hottest markets
Zillow · 2026New supply0.16%
Share of Chicago rentals newly built
RentCafe · 2026Logan Square avg 2BR$2,964RentCafe · Aug 2026
Mozart in-place avg$2,869Per unit / mo
Mozart pro forma avg$3,021Per unit / mo
Sales Comparables
■14% below comp avg
2148 N Mozart · 2838 W Shakespeare
$395,833Per unit · asking- Status
- For sale
- Price
- $4.75M
- Units
- 12
- Reno
- 2025
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Logan Square
Transit
1
California Blue Line
0.2 mi2
Logan Square Blue Line
0.9 miDining
3
Parson's Chicken & Fish
0.3 mi4
Lula Cafe
0.8 miNightlife
5
Revolution Brewing
0.3 mi6
The Whale
0.5 mi7
The Owl
0.6 miShopping
8
Milwaukee Ave retail
0.3 mi9
Jewel-Osco
0.6 miParks & trails
10
Palmer Square Park
0.3 mi11
The 606 trail
0.4 miQuarter-mile walk