Interra Realty recently announced two new multifamily sale transactions in Waukegan. The first is the sale of 1206 Brookside Ave. The property is a 24-unit walkup apartment building located off Brookside Avenue. The property was sold on April 5 for $1,025,000 and consists of 24 two-bedroom apartments. The buyer is a local investor with similar properties in the Waukegan market. The seller was an East Coast hedge fund. David Goss and Jon Morgan of Interra Realty represented the seller in the transaction.
Interra Realty also announced the five-property portfolio sale of 1725 Sunset, 920 & 927 Grand, and 2635 & 2713 Cornelia. The five walkup apartment buildings total 37 units. The properties were sold on April 9 for $1,444,000 and consist of 11 one-bedroom and 26 two-bedroom apartments. The buyer is a local investor with similar properties in the Waukegan market. The seller was an East Coast hedge fund. Goss and Morgan represented the seller in the transaction.
