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6901 South Paxton Avenue
SOLD

Interra Realty Sells Chicago South Side Multifamily Portfolio For $7.5M

6901 South Paxton Avenue

MultiFamily
clock iconSold 324 days ago
Lucas Fryman
Brad Feldman
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Summary

Sale
ILLINOIS
MultiFamily

A two-building multifamily portfolio in Chicago's South Side has been sold for $7.5 million by Interra Realty. The portfolio consists of 79 units and was 94% occupied at the time of the sale. The property, located at 6901 South Paxton Avenue, offers a total price per unit of $94,937.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $7,500,000
  • Units: 79
  • Price per Unit (PPU): $94,937
  • Seller: Mendy Raskin & Jon Kranzler
  • Brokers: Brad Feldman & Lucas Fryman - Interra Realty

Brad Feldman and Lucas Fryman of Interra Realty represented the seller, Mendy Raskin and Jon Kranzler, in this transaction.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Lucas Fryman's profile picture
Lucas Fryman
Interra Realty-image
Managing Partner
$207.1M Sold

Details

Deal Summary
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SOLD
IMAGE: Brad Feldman & Lucas Fryman DATE: 07/06/2023 ADDRESS: 6901 South Paxton Avenue MARKET: Chicago ASSET TYPE: Multifamily SELLER: Mendy Raskin & Jon Kranzler BROKERS: Brad Feldman & Lucas Fryman - Interra Realty (@InterraRealty) SALE PRICE: $7,500,000 UNITS: 79 ~ PPU: $94,937 NOTE: Interra Realty sold a two-building multifamily portfolio in Chicago's South Side for $7.5 million. The portfolio consists of 79 units and was 94% occupied at the time of the sale.

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Address6901 South Paxton Avenue

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