CHICAGO, IL – Interra Realty, a Chicago-based commercial real estate investment services firm, brokered the $2.25 million sale of a seven-unit apartment building in Chicago’s Old Town neighborhood. The transaction equated to $321,428 per unit.

Interra Director Harrison Pinkus represented the confidential seller. Interra Senior Managing Partner Joe Smazal represented the private buyer, who assumed the debt from the seller. The property, located at 1338 N. LaSalle St., was built in the 1880s and was recently rehabilitated.

Read the complete article at REJournals.

See additional articles on this transaction:

ConnectCRE: Interra Brokers North Side Apartment Building Sale

REBusiness Online: Interra Realty Arranges $2.2M Sale of Apartment Building in Chicago’s Old Town Neighborhood