Interra Realty brokered the $10 million sale of an eight-unit condominium building at 1447 N. Dearborn Parkway in Chicago’s Gold Coast neighborhood.
Interra Director Max Grossman represented the buyer, Altitude Capital Partners (ACP). Interra Director Colin O’Malley represented the confidential seller.
Originally constructed in 1901, the 45,000-square-foot courtyard building was renovated in 2010 with a limestone and brick facade and other touches that maintained its historic charm. Though it has been vacant since its reconstruction, the property has been kept in excellent condition.
The large, white-box residences range from 2,500 to 5,500 square feet and include two-, three- and four-bedroom layouts, with some duplex units. Amenities include direct-access elevators, multiple terraces per unit, a gated front entrance and a curb cut for private pickups and drop-offs. Nine tandem garage parking spots can accommodate up to 18 vehicles.
ACP will complete the unit interiors with high-end finishes and sell them as condominiums, with an expected delivery in mid-2026. No sales representative has been selected at this time.
