Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 7070 N. Sheridan Road, a 24-unit rental community in Chicago’s Rogers Park neighborhood that overlooks Loyola Park and offers views of Lake Michigan. The asset sold for $3.5 million, or $145,833 per unit.

Interra Senior Managing Partner Joe Smazal represented both the private seller, who had owned the property for more than 30 years, and Chicago-based Becovic Management Group, the buyer. The building was fully occupied at the time of closing.

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