Interra Realty Brokers $2.98M Sale Of Multifamily Properties In Schaumburg And Chicago

The transaction involves the sale of two fully occupied multifamily properties in Schaumburg and Chicago, IL. The properties include a six-unit building located at 2337 John Rolfe Drive, which sold for $1.08 million, and a 12-unit building at 8755 West Foster Avenue, which sold for $1.9 million, resulting in a combined sale price of $2,980,000. The properties consist of a total of 18 units, yielding a price per unit of $165,556.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,980,000
• Units: 18
• Price per Unit: $165,556
• Property Addresses: 2337 John Rolfe Drive, Schaumburg, IL and 8755 West Foster Avenue, Chicago, IL
• Brokers: Patrick Kennelly, Paul Waterloo & Nathan Zito - Interra Realty

Interra Realty has successfully facilitated the sale of these properties, marking a continuation of their recent activities within the O’Hare submarket. The firm has closed eight multifamily sales since 2023, indicating a strong interest from investors in stabilized suburban apartment assets located near transit and retail corridors.