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.
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