Interra Realty Brokers $16.9M Sale of Chicago Multifamily Portfolio

Pictured is the property at 843 W. Agatite Ave., which was built in 2019.

CHICAGO — Interra Realty has brokered the $16.9 million sale of a two-building multifamily portfolio totaling 50 units in Chicago’s Uptown neighborhood. The properties are located at 4714 N. Sheridan Road and 843 W. Agatite Ave. Combined, the two buildings were 96 percent occupied at the time of sale. Jon Morgan, David Goss and Joe Smazal of Interra represented the seller, Chicago-based Mavrek Development, which developed the properties in 2019 and 2021. Colin O’Malley of Interra represented the private buyer.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Walker & Dunlop

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