“Avondale is in high demand these days thanks in part to its accessibility and relative affordability,” said Interra Senior Managing Partner Joe Smazal, who represented the seller, a private local investor. “Renters who are priced out of neighborhoods like Lakeview and Roscoe Village are finding value by going a little farther west. This migration, along with expanded restaurant and nightlife offerings, has put Avondale on the radar of investors who don’t already have holdings in the neighborhood.”

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