Connect Chicago: Avondale Multifamily Garners $3M
The firm’s Brad Feldman represented the undisclosed seller. 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