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

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.