In The News | Interra Realty Brokers $6.5M in Sales in Chicago’s Andersonville Neighborhood

Craig Martin
Multi-Family
News

Sold together were a 5,000-square-foot lot at 5316 N. Glenwood Avenue and adjacent 12-unit apartment building at 5320 N. Glenwood Avenue. The buyer, who intends to retain the building’s vintage charm, will make minor improvements to the apartments—a mix of two-bedroom/one-bath and one-bedroom/one-bath units—and has no current plans to develop the land. Interra worked with both parties on a creative financing arrangement with the seller as the sole lender.

 

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