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1010 North Wood Street

Lou Plevritis Sells Multifamily Property At 1010 North Wood Street In Chicago For $2.015M
SOLDMultiFamily

Lou Plevritis Sells Multifamily Property At 1010 North Wood Street In Chicago For $2.015M

1010 North Wood Street

$2,015,000

$325/SF

Building Size

6,200 SF

Asset Type

MultiFamily

Closing

Aug 6, 2026

AI

1010 North Wood Street is a multifamily asset located in Chicago's West Town neighborhood, featuring five units and a total square footage of 6,200. The sale price was $2,015,000, with a price per unit of $403,000 and a price per square foot of $325. The property includes a unique mix of duplex residences, with three oversized duplex units among the available accommodations, providing varied and spacious layouts in a sought-after multifamily area.

Summary of transaction details:

Jordan Multack, a Partner at Greenstone Partners, represented the seller Lou Plevritis and successfully procured the buyer for this off-market transaction. The discreet nature of the sale was executed by leveraging Greenstone Partners' private-capital network, catering to the ongoing interest in boutique multifamily assets within Chicago's prominent neighborhoods.

Players

Jordan Multack

Greenstone Partners

Broker

$197.4M

vol

48 deals

Broker

Lou Plevritis

Seller

$2M

vol

1 deal

Seller

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.87%

Cash-on-Cash

-2.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93