CHICAGO AND NORRIDGE, ILL. — Interra Realty has arranged the sale of two multifamily buildings on the northwest side of Chicago. Each property sold for $1.4 million. The assets are located at 3913 N. Central Ave. in Chicago’s Portage Park neighborhood (eight units) and 4255 N. Neva Ave. in Norridge (nine units). Patrick Kennelly, Paul Waterloo and Nathan Zito of Interra represented both the private seller and confidential buyer of the Portage Park property. The trio also represented a local partnership in the acquisition of the Norridge asset. Richard Dawidiuk of RE/MAX Legends represented the private seller. Both buildings were fully occupied at the time of sale. The Norridge property last traded hands 25 years ago, and this is the first time the Portage Park building has sold since its construction in 1969. The Norridge property was built in 1963.
