RE Journals: Interra Realty brokers $5.2 million sale of vintage rental building in Evanston

Brad Feldman
Brad Feldman
Multifamily
News
Transactions

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.

Read article: RE Journals