Illinois

CHICAGO — Interra Realty has brokered the sales of two vintage apartment buildings in Chicago’s Lincoln Park neighborhood for a total of $13 million. The properties included 611-13 W. Arlington Place, a 23-unit asset built in 1927 that sold for $7.3 million, and 567-69 W. Arlington Place, a 14-unit building constructed in 1907 that traded for $5.7 million. Colin O’Malley of Interra represented the confidential seller of both properties. Joe Smazal and Mark Dykstra of Interra represented Hayes Properties, the buyer of 611-13 W. Arlington. The confidential buyer of the other property was self-represented. Both assets were fully occupied at the time of sale.

CHICAGO — Kiser Group has brokered the $33.9 million sale of The Avondale, a 52-unit luxury townhouse community located at 4200 W. Belmont Ave. in Chicago. Built by Noah Properties, the asset sold to an out-of-state investor. The property features a mix of three-, four- and five-bedroom units. Each residence features a two-car garage and a rooftop deck. At the time of sale, the community was 92 percent occupied. The buyer plans to reposition the asset by selling the units individually as townhome condominiums. Andy Friedman, Jake Parker and Viktor Radzieta of Kiser brokered the sale.

CHICAGO — Kiser Group has brokered the $10.9 million sale of a multifamily property located at 434 W. Wellington Ave. in Chicago’s Lakeview neighborhood. Lee Kiser, Andy Friedman, Jake Parker and Viktor Radzieta of Kiser represented the seller, TLC Management. The buyer, J&J Equities, plans to make property improvements. The asset was 98 percent occupied at the time of sale.