Interra Realty Brokers $7.77M Sale Of Sunset Village Multifamily Property In Waukegan

The property involved in this transaction is Sunset Village, an 84-unit multifamily asset located at 2205-10 North Butrick Street in Waukegan, Illinois. It was sold for $7,770,000, which translates to a price per unit of $92,500. The property is specifically targeting residents aged 55 and older.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,770,000
• Address: 2205-10 North Butrick Street
• Market: Waukegan
• Units: 84
• Price per Unit: $92,500
• Brokers: Nathan Zito, Patrick Kennelly & Paul Waterloo - Interra Realty

The sale involved Interra Realty, represented by Managing Partner Patrick Kennelly, Managing Director Paul Waterloo, and Associate Nathan Zito, who represented both the confidential seller and the local buyer during the transaction.