Interra Realty brokered the $3.56 million sale of 5724-26 N. Mozart St., a 13-unit courtyard apartment building in the Peterson Park area of Chicago’s West Ridge neighborhood. The transaction equates to $273,846 per unit.
Interra Director Joe Braun represented the buyer, Paul Fortman. Interra Senior Managing Partner Joe Smazal and Director Mark Dykstra represented the seller, an affiliate of Root Property Group. The building was fully occupied at the time of sale.
Constructed in 1931, the property features 13 two-bedroom units. The updated apartments include granite countertops, stainless steel appliances, in-unit laundry, individual HVAC systems, fireplaces, separate dining rooms and private balconies. The property includes two courtyards, one with a fountain and seating area, as well as on-site garage parking.
5724-26 N. Mozart is close to dining and shopping offerings along Lincoln and Peterson avenues. Multiple green spaces, including those that border the nearby North Branch of the Chicago River, are also within walking distance. The area is served by the CTA’s Brown Line, Metra’s Union Pacific North Line and several CTA bus routes.
