MultifamilyBiz: Interra Realty Brokers $1.07 Million Sale of Eight-Unit Apartment Building in Chicago’s Popular Bronzeville Neighborhood

Lucas Fryman
Max Grossman
Ted Stratman
Lucas Fryman
Max Grossman
Multifamily
News
Ted Stratman
Transactions

Associate Max Grossman and Managing Partners Lucas Fryman and Ted Stratman represented the seller, Chicago-based The Wolcott Group LLC. Grossman also represented the undisclosed buyer of this Bronzeville property. 

“Bronzeville has been very hot, with lots of new construction and mid-six-figure single-family home sales,” said Grossman. “When COVID hit in March, the original buyer walked away, but we were able to re-engage a group that expressed interest earlier in the year and, ultimately, close the deal. In the end, the seller got a good price, and the buyer got an attractive newer building with large apartments in a booming neighborhood.” 

Read article: MultifamilyBiz