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1446 North Campbell Avenue

Greenstone Partners Sells Three Chicago Multifamily Properties For $3.31 Million
SOLDMultiFamily

Greenstone Partners Sells Three Chicago Multifamily Properties For $3.31 Million

1446 North Campbell Avenue, 1520 West Superior Street & 2057 North Leclaire Avenue

$3,310,000

Building Size

Asset Type

MultiFamily

Closing

Dec 4, 2025

AI

The transaction involved three multifamily properties located at 1446 North Campbell Avenue, 1520 West Superior Street, and 2057-59 North Leclaire Avenue in the Chicago market. The total sale price was $3,310,000, with a breakdown of 14 units resulting in a per-unit price of $236,429. These assets present value-add opportunities through potential cosmetic renovations and ADU conversions.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,310,000
  • Units: 14
  • Price Per Unit: $236,429

Jacob Goldstein, Jordan Multack, and Alexander Tychalski from Greenstone Partners led the marketing and negotiations for this transaction. They successfully secured multiple above-list offers and facilitated quick closings for all three deals across the West Town, Humboldt Park, and Belmont Cragin neighborhoods.

Players

Jacob Goldstein

Greenstone Partners

Broker

$46.6M

vol

20 deals

Broker
Greenstone Partners
Greenstone PartnersBrokerage

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.79%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93