Multi-Housing News: Interra Realty Arranges Chicago Deconversion Sale
Interra Realty has brokered the $17 million deconversion sale of a 91-unit residential building near Chicago. Interra Managing Partner Pat Kennelly and Director Paul Waterloo assisted the condo association through the deconversion process, while Co-Founders & Principals David Goss and Jon Morgan represented the buyer, North Park Ventures.
Completed in 1939, the four-story building at 2730-66 Hampton Parkway in Evanston, Ill., has one- and two-bedroom apartments. The property was 75 percent occupied at the time of sale.
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