Greenstone Partners Sells 10-Unit Multifamily Property In Chicago's Wicker Park Neighborhood For $3.6M

A 10-unit multifamily property in Chicago's Wicker Park neighborhood has been sold by Greenstone Partners for a total price of $3.6 million. This fully leased property was valued at $360,000 per unit, making it a valuable turnkey investment in the sought-after Chicago neighborhood. With a size of 13,700 square feet, the property is strategically located near Pulaski Park and the Division Blue Line CTA Station.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $3,600,000
• Units: 10
• Price Per Unit: $360,000
• Square Footage: 13,700
• Price Per Square Foot: $263
• Address: 1414 North Noble, Chicago
• Market: Chicago

In the deal, Greenstone Partners, represented by broker Jordan Multack, played a key role in successfully selling this fully leased multifamily property. The property's prime location near Pulaski Park and the Division Blue Line CTA Station adds further value to the investment opportunity. The transaction reflects the strong demand for multifamily properties in Chicago's Wicker Park neighborhood.