Yield Pro: Interra Realty Brokers $10.7M Sale of Vintage Apartment Building on Lill Avenue in Chicago’s Lincoln Park

Brad Feldman
Joe Smazal
Mark Dykstra
Apartments
Brad Feldman
Closings
Deal Stories
Joe Smazal
Lincoln Park
Mark Dykstra

CHICAGO, IL – Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $10.7 million sale of the 22-unit 811 W. Lill Avenue in Chicago’s Lincoln Park neighborhood.

Interra Senior Managing Partner Brad Feldman represented the buyer, a Chicago-based private investor. Interra Senior Managing Partner Joe Smazal represented the seller, a local private investor and developer.

“Chicago multifamily owners have seen strong leasing momentum this year, with renewal activity reflecting the broader upward pressure on rents across the market,” said Smazal. “With the expectation that demand fundamentals will remain solid for the rest of 2025, we anticipate investor interest to remain steady, particularly in desirable neighborhoods like Lincoln Park.”

Read the complete article at Yield Pro.