Jordan Multack Of Greenstone Partners Represents Seller In $2.85M Multifamily Sale In Chicago

The property involved in the transaction is an eight-unit multifamily investment located at 1756 West School Street in the Chicago market. The sale price was recorded at $2,850,000, with a price per unit of $356,250. The building covers a total square footage of 7,450, which translates to a price per square foot of $382.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,850,000
• Units: 8
• Square Footage: 7,450
• Price Per Unit: $356,250
• Price Per Square Foot: $382
• Broker: Jordan Multack - Greenstone Partners

Jordan Multack, serving as the Senior Director at Greenstone Partners, uniquely represented the seller and successfully procured the buyer, both of whom are local private investors. The transaction was characterized as an off-market sale, achieved through strong relationships within the private capital community.