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811 West Lill Avenue

Interra Realty Represents Both Buyer And Seller In $10.7M Chicago Mixed-Use Sale
SOLDMixed-use

Interra Realty Represents Both Buyer And Seller In $10.7M Chicago Mixed-Use Sale

811 West Lill Avenue

$10,700,000

Building Size

Asset Type

Mixed-use

Closing

Jul 8, 2025

AI

The property involved in the transaction is a mixed-use asset located at 811 West Lill Avenue, Chicago. The building comprises 22 residential units, with an average price per unit of $486,364. The sale price for the property was $10,700,000.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $10,700,000
  • Number of Units: 22
  • Price Per Unit: $486,364
  • Address: 811 West Lill Avenue
  • Market: Chicago

The deal was facilitated by Brad Feldman and Joe Smazal of Interra Realty, who represented both the buyer and seller. This transaction is part of Interra Realty’s broader activities, contributing to over $60 million in recent transactions on Chicago's North Side, reflecting strong leasing momentum and sustained investor interest in the city's multifamily market.

Players

Joe Smazal

Interra Realty

Broker

$596.9M

vol

73 deals

Broker
Interra Realty
Interra RealtyBrokerage

Chicago Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.48%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93