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
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
4.79%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93