Connect Chicago: Avondale Multifamily Garners $3M

Brad Feldman
Joe Smazal
Brad Feldman
Joe Smazal
Multifamily
News
Transactions

The firm’s Brad Feldman represented the undisclosed seller of this Avondale property. Interra’s Joe Smazal represented the confidential buyer.
 
“This is a sizeable building to be trading in the trending Avondale area, so we weren’t surprised it attracted substantial interest and a good price per unit,” said Feldman. “We had a buyer under contract before COVID-19 hit, but he walked due to the uncertainty around the pandemic. We were able to resurrect the deal with a new buyer who offered a competitive price to the initial deal.”

Read article: Connect Chicago