Interra Realty brokered the $10.7 million sale of the 22-unit 811 W. Lill Ave. in Chicago’s Lincoln Park neighborhood. The vintage mixed-use building traded for $486,364 per unit.
Interra Senior Managing Partner Brad Feldman represented the buyer, a Chicago-based private investor. Interra Senior Managing Partner Joe Smazal represented the seller, a local private investor and developer.
The property features four one-bedroom, 12 two-bedroom and six three-bedroom apartments. The building stands out for its generous floor plans, averaging 1,078 square feet per unit and offering multiple bathrooms in 95% of the residences. Three units include bonus office space and six are duplex layouts. Constructed in 1901, the property has been recently updated with market-leading finishes in the kitchens and bathrooms, as well as in-unit laundry and individual HVAC.
