Jordan Multack Of Greenstone Partners Represents Seller In Sale Of Chicago Multifamily For $1.28M

1226 North Cleaver Street is a seven-unit multifamily asset located in the Wicker Park neighborhood of Chicago, sold for $1,280,000. The property encompasses 5,215 square feet, equating to a price per unit of $182,857 and a price per square foot of $245.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,280,000
• Units: 7
• Square Footage: 5,215
• Price Per Unit: $182,857
• Price Per Square Foot: $245
• Broker Representing Seller: Jordan Multack - Greenstone Partners
• Buyer Type: Private local buyer

Senior Director Jordan Multack of Greenstone Partners represented the seller, a private, local owner, while also procuring the purchaser, a private individual based in the Chicago area. The buyer was attracted to the property's unique floor plans, value-add opportunity, large rear decks, and availability of on-site parking.