RE Journals: Interra Realty brokers $2M multifamily portfolio sale in Chicago’s Marquette Park
Interra Realty arranged the sale of a three-building, 37-unit multifamily portfolio in Chicago’s Marquette Park neighborhood for $2.02 million. The sale price equates to $55,000 per unit, one of the highest amounts paid on a per-unit basis in the Marquette Park submarket over the past five years, according to CoStar data.
The properties include 6148 S. Sacramento Avenue, a 17-unit apartment building; 6155 S. Sacramento Avenue, a 10-unit apartment building, and 6154 S. Richmond Street, a 10-unit apartment building.
Interra co-founder and managing principal, Jon Morgan, co-founder and managing principal, David Goss, managing partner, Ted Stratman, managing partner, Lucas Fryman, and associate, Max Grossman, represented both the seller, Ernst Development, and the private buyer in the transaction.
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