Interra Realty has been exclusively engaged to market 811 W. Lill Avenue, Chicago, for sale. The subject investment property is a rarely available, 22 unit multifamily asset in a prime Lincoln Park location.

The offering is a combination of a fully renovated vintage property with an adjacent newer construction property. All units feature market leading finishes in the kitchens and bathrooms and in-unit laundry and individual HVAC. One of the biggest differentiators of the property is the attractive unit mix with
spacious layouts. The average unit size is over 1,075 square feet and 95% of the units have multiple bathrooms.

In the early portion of the 2025 leasing season, ownership has realized over 8% rent growth on renewals of over a third of the units in the building. Rent comps and market demand support the expectation to receive consistent or higher rent growth through this leasing season on renewals or new leases.

Investors have the opportunity to acquire a fully renovated multifamily asset in one of Chicago’s most affluent and in-demand submarkets. With very limited competitive supply coming online, the market should support healthy rent growth in the near future and beyond.