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Local Private Investor Group Acquires Multifamily Property At 1226 North Greenview Avenue For $2,245,000

Property Image
SOLD
$2,245,000

Illinois

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MultiFamily6,500 SF
Sold 05/21/2026
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Property Image
SOLD

Local Private Investor Group Acquires Multifamily Property At 1226 North Greenview Avenue For $2,245,000

1226 North Greenview Avenue

See Similar Deals
MultiFamily6,500 SF
Sold 05/21/2026
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$345
Total Square Footage:6,500 SF
Transaction Type:Sale

1226 North Greenview Avenue is an eight-unit multifamily investment property located in Chicago's Wicker Park neighborhood. The property was sold for $2,245,000 and consists of six one-bedroom apartments and two duplex two-bedroom apartments, with a total square footage of 6,500 and a price per square foot of $345.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,245,000
  • Address: 1226 North Greenview Avenue
  • Market: Chicago
  • Square Footage: 6,500
  • Price per Square Foot: $345
  • Broker: Jordan Multack - Greenstone Partners
  • Investor Group: Local private investor group completing a 1031 exchange

Jordan Multack of Greenstone Partners exclusively represented the seller and procured the buyer for this transaction, which generated strong interest from private capital investors looking for well-located multifamily opportunities in sought-after areas of Chicago.

Players

Jordan Multack
Greenstone Partners
Jordan Multack
47 deals$189.9M volume
BROKER

Details

SOLD
IMAGE: Jordan Multack DATE: 05/21/2026 ADDRESS: 1226 North Greenview Avenue MARKET: Chicago ASSET TYPE: Multifamily BROKER: Jordan Multack (@Tackness) - Greenstone Partners (@GreenstonePartners) SALE PRICE: $2,245,000 SF: 6,500 ~ PPSF: $345 NOTE FROM BROKER: Greenstone Partners is pleased to announce the successful sale of 1226 North Greenview Avenue, an eight-unit multifamily investment property located in the heart of Chicago's Wicker Park neighborhood. The property consisted of six one-bedroom apartments and two, duplex two-bedroom apartments, offering investors an attractive combination of strong in-place cash flow and future rental upside. Originally renovated in approximately 2021, the property featured modern finishes throughout, including updated kitchens with stainless steel appliances, hardwood flooring, in-unit laundry, private outdoor space, individual HVAC systems, and separately metered utilities. Located just steps from Division Street and surrounded by some of Chicago's premier dining, entertainment, and retail destinations, the asset benefited from exceptional renter demand and long-term neighborhood fundamentals. The transaction generated strong interest from private capital investors seeking well-located multifamily opportunities in Chicago's most desirable neighborhoods. Ultimately, the property was acquired by a local private investor group completing a 1031 exchange, underscoring the continued demand for stabilized multifamily assets in premier urban locations. Greenstone Partners' Partner Jordan Multack exclusively represented the seller and procured the buyer.

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