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