Greenstone Partners Sells 25-Unit Multifamily Property At 1741 North Western Avenue For $6.25M

1741 North Western Avenue is a 25-unit multifamily property located in Chicago's Bucktown neighborhood. The property was sold for $6.25 million, translating to a price per unit of $250,000. Built in 2020, it includes a combination of market-rate and affordable units and offers modern amenities along with potential for value addition for the buyer.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $6,250,000
• Units: 25
• Price Per Unit: $250,000
• Seller: Greenstone Partners
• Broker Representatives: Jordan Multack & Danny Spitz - Greenstone Partners
• Market: Chicago
• Address: 1741 North Western Avenue

Jordan Multack and Danny Spitz, both affiliated with Greenstone Partners, represented the seller in this transaction, facilitating the sale of the multifamily property to a buyer seeking value-add opportunities in a growing neighborhood.