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Chicago & Midwest  + North Side  + Apartments  | 

Interra Closes Sales in Uptown, Rogers Park

Interra Realty arranged the $2.475-million sale of 20 units at 4901-4907 N. Kenmore Ave., a multifamily property in the North Side’s Uptown neighborhood currently functioning as a residential condominium property. The firm also arranged the $2.65-million sale of 6439-6445 N. Richmond St., a 24-unit rental community in Rogers Park.
Senior managing partner Brad Feldman represented the confidential seller and buyer of 4901-4907 N. Kenmore. The buyer plans to deconvert the building from condos to apartments. Feldman also represented both the seller and buyer of 6439-6445 N. Richmond.
“Heading into the last quarter, it’s great to see continued strong velocity for Chicago middle-market properties,” said Feldman. “That goes for all neighborhoods, from Logan Square to Rogers Park and Evanston, and for regular sales as well as deconversions.  Despite the challenges and hurdles of working in a pandemic, Midwest multifamily buildings have remained solid investments throughout 2020.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition