Chicago, IL – Interra Realty announced Senior Managing Partner Joe Smazal recently brokered a pair of multifamily transactions totaling $11.7 million in Chicago’s Hyde Park and Avondale neighborhoods.

In the first transaction, Smazal represented the private buyer and seller of a four-property, 24-unit portfolio in Hyde Park that traded for $8.55 million. This marks the second time since 2017 that Smazal has sold the portfolio, which includes 5409-11 S. Blackstone Ave., 5533-35 S. Blackstone Ave., 5623-25 S. Dorchester Ave. and 5427-29 S. Greenwood Ave. 

In addition, Smazal represented the buyer and seller in the $3.275 million sale of 3149 N. Springfield Ave., a 23-unit rental community in Chicago’s Avondale neighborhood. Smazal has now sold the building three times, most recently in 2018.

Read the full article: RE Journals

See additional articles on this deal below:

RE Business Online: Interra Realty Arranges $8.5M Sale of Four-Building Multifamily Portfolio in Chicago

Chicago Business Journal: 5 Residential Properties in Avondale, Hyde Park Sell for $12 Million

Bisnow: This Week’s Chicago Deal Sheet