Interra Realty Brokers $11M Sale of Chicago Apartment Building

Interra Realty brokered the $10.5 million sale of Logan Station, a 24-unit multifamily building at 2504-16 N. Willetts Court in Chicago’s Logan Square neighborhood. The transaction equated to $437,500 per unit.

Interra Senior Managing Partner Joe Smazal and Director Mark Dykstra represented the confidential seller and also procured the buyer, Breneman Capital. Logan Station was fully occupied at the time of sale. “Due in part to the property’s larger-than-average unit sizes and its desirable location, we saw significant engagement, receiving multiple written offers and closing at 99% of list price,” said Smazal.

Built in 2007, Logan Station features six one-bedroom, 12 two-bedroom, and six three-bedroom layouts, most of which are bi-level and average 1,500 square feet. All units feature contemporary finishes, including granite countertops, stainless steel appliances, in-unit laundry and individual HVAC. Breneman Capital will implement a light value-add program to update the property’s interiors.

Join us on Tuesday afternoon, June 2, 2026, at the Connect Midwest Multifamily Trends Conference as JDL Founder, Jim Leitchinger, is honored with the Changing Skyline Award, followed by an exclusive Keynote Interview. This is a rare opportunity to hear firsthand insights from one of the region’s most influential visionaries in multifamily development.