CHICAGO, IL – Interra Realty has brokered the sale of 5505 S. Dorchester Ave. in Chicago’s Hyde Park neighborhood for $12 million. Built in 2020, the 34-unit apartment complex features a covered garage with 20 parking spaces as well as 14 surface parking spaces. Brad Feldman of Interra represented the seller, a local developer, and the local buyer, an entity doing business as 5505 S. Dorchester LLC. The buyer plans to add a rooftop deck.

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See additional articles on this deal below:

Chicago Business Journal: Apartment Building in Chicago’s Hyde Park Sells for $12 million

Yield Pro: Interra Realty Brokers $12 million Sale of 34-unit Rental Community in Chicago’s Hyde Park Neighborhood

ConnectCRE: New Construction Multifamily in Chicago’s Hyde Park Goes for $12M