ConnectCRE: Interra Realty Brokers $11M Sale of Chicago Apartment Building

Joe Smazal
Mark Dykstra
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Joe Smazal
logan square
Mark Dykstra
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CHICAGO, IL – Interra Realty brokered the $10.5 million sale of Logan Station, a 24-unit multifamily building at 2504-16 N. Willetts Court in Chicago’s Logan Square neighborhood. The transaction equated to $437,500 per unit.

Interra Senior Managing Partner Joe Smazal and Director Mark Dykstra represented the confidential seller and also procured the buyer, Breneman Capital. Logan Station was fully occupied at the time of sale. “Due in part to the property’s larger-than-average unit sizes and its desirable location, we saw significant engagement, receiving multiple written offers and closing at 99% of list price,” said Smazal.

Read the complete article at ConnectCRE.

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RE Journals: Interra Realty brokers $10.5 million sale of multifamily building in Chicago’s Logan Square neighborhood