Bisnow: This Week’s Chicago Deal Sheet – 6811 S. Paxton

David Goss
Jeremy Morton
Jon Morgan
Lucas Fryman
Multifamily
News
Ted Stratman
Transactions

A local investment group paid $2.3M for 6811 South Paxton Ave., a 29-unit mid-rise apartment building in Chicago’s South Shore neighborhood. The undisclosed seller was represented by Interra Realty’s Jon Morgan, David Goss, Ted Stratman, Lucas Fryman and Jeremy Morton. The same team also represented the buyer. The building was 97% occupied at time of sale, and collections were 95% for both April and May, Interra Realty officials said.

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