Interra Realty brokers largest year-to-date multifamily sale in Chicago’s West Rogers Park Neighborhood

Joe Smazal
Joe Smazal
Multifamily
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Transactions

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 6415-25 N. Richmond St., a 37-unit rental community in Chicago’s West Rogers Park neighborhood. The asset sold for $4.27 million, or $115,405 per unit, making it the largest multifamily sale in West Rogers Park by total price and unit count so far in 2019, according to CoStar data.

Interra Senior Managing Partner Joe Smazal represented both the private seller and private buyer in the transaction. The building was 95 percent occupied at the time of closing.

Read article: Multihousing Pro