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6710 S. Claremont Marquette Park Chicago Interra Realty

Last of 10-Building Portfolio Trades in Marquette Park

Interra Realty brokered the $2.9-million sale of 6710 S. Claremont Ave., a 55-unit apartment and retail building in the Southwest Side’s Marquette Park neighborhood. The price per unit was nearly $53,000, one of the highest ever for a mixed-use building in the submarket, per CoStar Group. 

The firm’s Ted Stratman, Lucas Fryman, David Goss, Jon Morgan, and Jeremy Morton represented the seller, a local private investor. The winning buyer was a private out-of-state investor, also represented by the same Interra team. 

“Even in a lesser-known submarket like Marquette Park, well-priced, cash-flowing multifamily and mixed-use assets can attract national interest,” said Stratman. “Despite the strains of the pandemic, buildings in these neighborhoods continue to offer steady income and the chance for long-term appreciation.” 

6710 S. Claremont was the last in a 10-building, 260-unit portfolio marketed by Interra. It included properties in Marquette Park, South Shore and Auburn Gresham.  


Inside The Story

Interra Realty

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
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