CHICAGO, IL – Interra Realty has brokered the sale of a five-building, 97-unit multifamily portfolio in Chicago. The properties sold for $19.3 million, which equates to $198,969 per unit.

Interra Senior Managing Partner Joe Smazal and Director Mark Dykstra brokered the deal on behalf of the buyer, Silver Property Group, Ltd., a Chicago-based real estate investment and management company. Smazal and Dykstra also represented the confidential seller, an East Coast-based investment group.

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See additional articles on this transaction at:

REBusiness Online: Interra Realty Brokers $19.3M Sale of Multifamily Portfolio on Chicago’s Northwest Side

REJournals: Interra Realty brokers sale of five-building multifamily portfolio in Chicago

Bisnow: This Week’s Chicago Deal Sheet

MultifamilyBiz: SearchAll

Interra Realty Closes $19.3 Million Sale of 97-Unit Multifamily Housing Portfolio in Chicago’s Vibrant Northwest Side Neighborhood