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Greenstone Partners completes two Chicago multifamily deals for $3.27M
The firm represented different parties on a Wicker Park sale at 1226 N. Greenview Ave. for $2.245 million and a Bridgeport sale at 3201–3203 S. May St. for $1.025 million.
Greenstone Partners has closed two Chicago multifamily transactions totaling $3.27 million, according to ConnectCRE. The deals took place in the Wicker Park and Bridgeport neighborhoods.
In Wicker Park, Greenstone Partners Partner Jordan Multack represented the transaction for 1226 N. Greenview Ave., selling the recently renovated eight-unit property for $2.245 million. The property includes one- and two-bedroom units.
In Bridgeport, Director Jacob Goldstein also represented the firm, alongside Multack, on the sale of 3201–3203 S. May St. The $1.025 million deal involved a three-unit multifamily building, a non-conforming coach house, and an adjacent development lot, providing existing rental income plus optionality for future value creation including potential rent growth, additional parking income, and development possibilities through the separately parceled lot.