In The News | Interra Realty nets highest per-unit price for O’Hare multifamily portfolio sale
Interra senior managing partner, Joe Smazal, and director, Colin O’Malley, represented the seller, Chicago-based Steel City Management. Interra managing partner, Patrick Kennelly, and director, Paul Waterloo, represented the confidential buyer.
The properties included 4904, 4916 and 4932 N. Harlem Avenue, each offering 6,000 square feet and located in the same block in Harwood Heights, as well as 3025 N. Harlem Avenue, a 6,450-square-foot building located less than three miles south in Chicago’s Montclare neighborhood. The buildings are all three stories and include a mix of one- and two-bedroom apartments, which were 100 percent occupied at the time of sale.
Read article: RE Journals