Multifamily Midwest

Interra Realty brokers sale of $1.6 mixed-use property in Chicago

Interra Realty brokered the sale of a mixed-use property at 5450 S. Indiana Ave. in Chicago's Washington Park neighborhood for $1,675,000.

Interra Realty brokered the sale of a mixed-use property at 5450 S. Indiana Ave. in Chicago's Washington Park neighborhood for $1,675,000.

Lucas Fryman, Interra associate, represented the buyer. David Goss and Jon Morgan, Interra co-founders and managing principals, along with Fryman represented the seller.

The building includes 22 apartments, comprised of 16 two-bedrooms and 6 one-bedroom units. The property was recently gut rehabbed as well as five retail spaces. The buyer plans to lease the ground level retail units.