August 16, 2024

Logan Square MF Trades in 1031 Exchange

2647 N. Washtenaw

Greenstone Partners arranged the sale of 2647 North Washtenaw, a fully leased seven-unit investment property. The firm’s Jordan Multack procured both the seller the seller and the buyer in the transaction. The ultimate purchaser utilized 1031 exchange proceeds to close the transaction.

The property is located only one block from Logan Boulevard and nine blocks east of the Logan Square CTA Blue Line Station. The property is positioned on 6,300 square feet of land and is turnkey multifamily property, a rarely found property in the Logan Square neighborhood.