Updated Dec 9, 2025
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
Units
14
Asset Type
MultiFamily
Closing
Dec 4, 2025
About this deal
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
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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