
Interra Brokers Deals in Hyde Park, Western Suburbs
Interra Realty managing partners Craig Martin and Lucas Fryman negotiated a pair of multifamily sales totaling $30 million on Chicago’s South Side and in west suburban Clarendon Hills, IL.
In the larger of the two deals, Fryman and Martin brokered the $19.35=million sale of 229 Park, a four-story, 43-unit mixed-use property at 229 Park Ave. in downtown Clarendon Hills. The price per unit was $450,000.
Interra represented the Chicago-based sellers, Hubbard Street Group, Centrum Realty & Development and Pine Grove Partners, as well as the buyer, Chicago-based HP Ventures Group.
Martin and Fryman also brokered the $10.62-million sale of 5736 S. Stony Island Ave., a 75-unit rental community in the South Side’s Hyde Park neighborhood, less than a mile from the future Obama Presidential Center. They represented the seller, 29th Street Capital, as well as the confidential buyer.
- ◦Sale/Acquisition