Interra Realty Acquires Multifamily Property In Hyde Park, Chicago For $8.7M

A multifamily property located at 5124-32 S. Kimbark Avenue in Hyde Park, Chicago was recently sold for a total price of $8,712,000. The transaction took place on January 25, 2022. The property consists of 44 units, with a price per unit of $198,000. The total square footage is 25,000, resulting in a price per square foot of $348. The sale was facilitated by brokers Paul Waterloo, Patrick Kennelly, and Lucas Fryman of Interra Realty.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,712,000
• Date: January 25, 2022
• Address: 5124-32 S. Kimbark Avenue
• Market: Hyde Park, Chicago
• Number of Units: 44
• Price per Unit: $198,000
• Total Square Footage: 25,000
• Price per Square Foot: $348

Paul Waterloo, Patrick Kennelly, and Lucas Fryman of Interra Realty played a crucial role in facilitating the sale of this multifamily property in Hyde Park, Chicago.