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1313 West Chicago Avenue

Jordan Multack Of Greenstone Partners Represents Local Private Investor In Sale Of Chicago Multifamily For $1,835,000
SOLDMultiFamily

Jordan Multack Of Greenstone Partners Represents Local Private Investor In Sale Of Chicago Multifamily For $1,835,000

1313 West Chicago Avenue

$1,835,000

$411/SF

Building Size

4,464 SF

Asset Type

MultiFamily

Closing

Apr 2, 2026

AI

1313 West Chicago Avenue is a fully leased, six-unit multifamily investment property located in Chicago’s West Town neighborhood. The sale price was $1,835,000, with the property comprising 4,464 square feet, resulting in a price per unit of $305,833 and a price per square foot of $411.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,835,000
  • Units: 6
  • Square Footage: 4,464
  • Price Per Unit: $305,833
  • Price Per Square Foot: $411
  • Broker: Jordan Multack - Greenstone Partners

Greenstone Partners’ Senior Director Jordan Multack exclusively represented the seller, a local private investor, and procured the buyer, also a local private investor. The transaction underscores Greenstone’s capability to foster competitive bidding environments and successfully execute deals in Chicago's core market.

Players

Jordan Multack

Greenstone Partners

Broker

$189.9M

vol

47 deals

Broker

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

8.64%

Cash-on-Cash

-2.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93