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MidwestCRE

Interra Realty announces sale of Evanston apartment building

Staff Writer April 5, 2017
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Interra Realty has announced the sale of 809 Seward St. in Evanston. The property is a 25-unit courtyard apartment building.

The property was sold on May 1 for $2.6 million and consists of 19 one-bedroom apartments and six two-bedroom apartments. The buyer is a local family investment group completing the second leg of a 1031 tax-free exchange.

The seller was a long-time property owner. David Goss and Jon Morgan of Interra Realty represented the buyer in the transaction. Brad Feldman of Interra Realty represented the seller in the transaction.

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