Property Overview

Uniting Seller and Buyer

Interra Realty was engaged to market the sale of 3138-40 S. Indiana Avenue (Unity Hall). This landmark designated building has a storied, rich past in Chicago history. The seller was a local developer who bought the property in dilapidated condition and completed a full adaptive reuse renovation to high-end apartments.

Through our proactive marketing efforts, Interra procured multiple competitive offers in a short period of time. Buyers were attracted to the quality of the asset and tenant base, as well as the proximity to Lake Michigan, public transportation, multiple colleges, and the proposed redevelopment of the former Michael Reese Hospital site.

Key Details

Transaction Date
2020
Number Of Units
21