Yield Pro: Interra Realty brokers $5.585 million sale of mixed-use property in Chicago’s Ravenswood Neighborhood

Joe Smazal
Joe Smazal

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.585 million off-market sale of 2020-36 W. Montrose Ave., a 31-unit mixed-use property in Chicago’s Ravenswood neighborhood. The price per unit was $180,161. It was the highest price paid for a vintage mixed-use building in Ravenswood in four years, according to CoStar data.

The property includes 22 apartments over nine street-level retail spaces. Senior Managing Partner Joe Smazal represented the undisclosed seller and buyer.

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