RE Journals: Interra Realty brokers $5.2 million sale of vintage rental building in Evanston
Interra Realty announced the $5.2 million sale of 908 Main Street, a 27-unit vintage apartment building in Evanston, Illinois, a north suburb of Chicago. The price per unit was $192,600.
Interra senior managing partner Brad Feldman represented seller, Robinson Rental, an Evanston-based, family-owned company that has owned the property since the 1980s. Feldman also represented the confidential international buyer, which plans to increase rents to market rate as units turn over.
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