Increasing Operations in Oak Park
The seller, a private real estate investor, exclusively engaged Interra Realty for the team’s vast experience handling dispositions in Oak Park. The well-maintained and professionally managed building commanded strong interest from the market. The property is located near the highly rated Fenwick High School and walking distance to public transit. Additionally, the building features off street parking, common laundry and an elevator, a rare amenity for this submarket.
Through Interra’s vast network, the listing brokers were referred a 1031 Exchange buyer who was seeking to trade into a larger property in the near western suburban market.