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:
- Property Type: Multifamily
- Transaction Amount: $2,015,000
- Seller: Lou Plevritis
- Broker: Jordan Multack - Greenstone Partners
- Units: 5
- Square Footage: 6,200
- Price Per Unit: $403,000
- Price Per Square Foot: $325
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
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