Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 4841 N. Rockwell St., an 18-unit multifamily property in Chicago’s Lincoln Square neighborhood. The property sold for $3.4 million, which equates to $188,888 per unit.
Interra Managing Partner Craig Martin represented the seller, a local family office that was in its second generation of ownership, and the confidential buyer.
Located at the northeast corner of Rockwell and Gunnison streets, 4841 N. Rockwell comprises 18 one-bedroom units, all of which were occupied at the time of sale.
4841 N. Rockwell is steps from the vibrant retail corridors along Western, Lawrence and Lincoln avenues. The property also offers convenient access to several CTA bus stops and the Western Brown Line station.