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2030 West Churchill Street
SOLD

Greenstone Partners Sells Turnkey Multifamily Investment In Chicago's Bucktown Neighborhood For $1.74M

2030 West Churchill Street

MultiFamily
4,509 SF
clock iconSold 170 days ago
Jason St. John
Jordan Multack
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Summary

Sale
ILLINOIS
MultiFamily
4,509 sqft

Greenstone Partners successfully sold 2030 West Churchill, a six-unit turnkey multifamily investment located in Chicago's Bucktown neighborhood, for $1,740,000. The property is situated on 2,400 square feet of land and offers a rare turnkey opportunity in one of Chicago's most beloved neighborhoods. The sale price equated to $290,000 per unit, with each unit having an average price per square foot of $386.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,740,000
  • Address: 2030 West Churchill Street, Chicago
  • Market: Chicago
  • Units: 6
  • Price Per Unit: $290,000
  • Total Square Footage: 4,509
  • Price Per Square Foot: $386

The purchaser was drawn to the property due to its immediate proximity to Damen Avenue, Churchill Field Park, and the Bloomingdale Trail ('The 606').

Jordan Multack and Jason St. John from Greenstone Partners represented both the seller, Anne Shutler, and the out-of-state private investor who closed the transaction. The sale was part of a 1031 tax-deferred exchange for the investor. Gary Modjeska was the buyer in this transaction.

Players

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    3

  • Agents

    2

  • Agencies

    1

Jason St. John's profile picture
Jason St. John
Greenstone Partners-image
Managing Partner
$116M Sold
Jordan Multack's profile picture

Details

Deal Summary
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SOLD
IMAGE: Jordan Multack & Jason St. John DATE: 11/27/2023 ADDRESS: 2030 West Churchill Street MARKET: Chicago ASSET TYPE: Multifamily BUYER: Gary Modjeska SELLER: Anne Shutler BROKERS: Jordan Multack (@Tackness) & Jason St. John (@JasonStJohn) - Greenstone Partners (@GreenstonePartners) ASKING PRICE: $1,775,000 SALE PRICE: $1,740,000 UNITS: 6 ~ PPU: $290,000 SF: 4,509 ~ PPSF: $386 NOTE FROM BROKERS: Sale description; Greenstone Partners successfully sold 2030 West Churchill, a six-unit turnkey multifamily investment located in Chicago's Bucktown neighborhood, for $1,740,000, equating to $290,000 per unit. The purchaser was drawn to the property due to its immediate proximity to bustling Damen Avenue, situated only half a block away, Churchill Field Park, and access to Bloomingdale Trail, also known as 'The 606'. Situated on 2,400 square feet of land, the property represents a rare turnkey opportunity in one of Chicago's most beloved neighborhoods. Jordan Multack from Greenstone Partners represented the seller, a Chicago-based private investor. Additionally, both Jordan Multack and Jason St. John, also from Greenstone Partners, acted on behalf of the out-of-state private investor who closed the transaction as part of a 1031 tax-deferred exchange.

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Address2030 West Churchill Street

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