Interra Realty facilitated the sale of two multifamily buildings in the northwest Chicago area totaling $2.98 million. The six-unit 2337 John Rolfe Drive in Schaumburg, Illinois, sold for $1.08 million, while the 12-unit 8755 W. Foster Ave. in Chicago’s O’Hare submarket transacted for $1.9 million.
Interra Managing Partner Patrick Kennelly, Managing Partner Paul Waterloo and Director Nathan Zito represented both the confidential buyer and seller of 2337 John Rolfe. Kennelly, Waterloo and Zito also represented the undisclosed buyer and seller of 8755 W. Foster. Both properties were fully occupied at the time of sale.
2337 John Rolfe was constructed in 1977 and includes six two-bedroom apartments. The property is close to dining, shopping and entertainment options in downtown Schaumburg, as well as Woodfield Mall.
Constructed in 1978 and very well maintained, 8755 W. Foster features one studio and 11 one-bedroom layouts. This is the first time the asset has traded hands in nearly 40 years. 8755 W. Foster is close to multiple storefronts, restaurants and attractions.
The post Interra Realty Brokers Sales of Two Chicago-Area Multifamily Properties appeared first on Connect CRE.
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