In The News | Interra Realty closes on Hyde Park multifamily property for $6.5M | Interra Realty

In The News | Interra Realty closes on Hyde Park multifamily property for $6.5M

Interra Realty brokered a 75-unit multifamily property at 5736 S. Stony Island Ave in Chicago’s Hyde Park neighborhood for $6.5 million.

The deal traded at 6.36 cap rate and Interra broker, Craig Martin, represented both the buyer and the seller. The purchaser is a privately-held national real estate investment firm and the seller is someone outside of Illinois.

Read More at REjournals and REBUSINESS

Keep Reading

Interra Brokers Off-Market Deal in South Shore

“Investors continue to see value in South Shore, where rents and property values have been slower to appreciate compared with […]

Interra Realty Brokers Sale of $6.65 Million Portfolio in Chicago’s South Shore Neighborhood

Together, 6901 and 6949 S. Paxton have a mix of three studios, 21 one-bedroom, 33 two-bedroom, 13 three-bedroom and nine […]

Interra Realty Brokers Sale of $6.65 Million Portfolio in Chicago’s South Shore Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 6901 S. Paxton […]