Daily Herald: Wheaton Apartment Building Sells for $8.4 Million
WHEATON, IL – An 18-unit boutique apartment building within walking distance of the downtown Wheaton Metra station has sold for $8.4 million.
Interra Realty, a Chicago-based commercial real estate investment services firm, facilitated the sale of Liberty Square Flats at Liberty Drive and Wheaton Avenue, on the south side of the railroad tracks that run through downtown.
Interra Associate Nathan Zito, Managing Partner Patrick Kennelly and Managing Partner Paul Waterloo represented Liberty Square Flats, LLC, the property seller, as well as the buyer — a confidential local investor. The building was constructed in 2024 with a flat roof and an exterior palette of white, gray and black.
Interra Realty also brokered the $6.95 million sale of the Lorraine Court Apartments, a 44-unit complex in Wheaton.
Read the complete article at the Daily Herald.
See additional coverage of these transactions at:
RE Journals: Interra Realty Brokers Sale of Pair of Multifamily Buildings in Wheaton
BisNow: This Week’s Chicago Deal Sheet
Chicago Business Journal: 2 Wheaton Apartment Buildings Sell for $15 Million
RE Business Online: Interra Realty Brokers Pair of Multifamily Sales in Wheaton, Illinois, Totaling Over $15M