ConnectCRE: Interra Realty Brokers Sale of New-Build Lakeview Apartment Building

Joe Smazal
Mark Dykstra
Apartments
Closings
Deal Stories
Joe Smazal
Lakeview
Story

CHICAGO, IL – Interra Realty brokered the sale of Low-Line Commons, a 95-unit apartment building in Chicago’s Lakeview neighborhood.

Interra Senior Managing Partner Joe Smazal and Director Mark Dykstra represented the buyer, Highland Real Estate Partners. Smazal and Dykstra also represented the seller, a joint venture between Wildwood Investments and Contemporary Concepts. The building was 98% occupied at the time of sale.

Located at 3431-49 N. Ashland Ave., the building features three studio units, 27 one-bedroom, 42 two-bedroom and 23 three-bedroom apartments. Low-Line Commons was constructed in 2024 and offers a lounge, coworking space, fitness center, storage lockers, pickleball court and rooftop deck.

Read the complete article at ConnectCRE.

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YieldPro: Interra Realty Brokers Sale of New-Build Low-Line Commons Apartments in Chicago’s Lakeview Neighborhood