Interra Realty, a leading real estate firm in Chicago, recently facilitated the sale of a mixed-use property located in the popular Lakeview neighborhood for $3.45 million. The transaction was successfully brokered by Joe Smazal, senior managing partner at Interra Realty on behalf of a local private seller.
At the time of sale, all residential units within the building were fully occupied while the commercial space remained vacant. The Southport property boasts one one-bedroom unit, four two-bedroom units and one three-bedroom unit. In addition to this main building there is also a coach house which includes an additional one bedroom and two bedroom unit.
The ground floor retail space spans 4,600 square feet and offers prime exposure along both Southport and George streets with an outdoor dining area situated nearby. This highly desirable location provides easy access to various dining options as well as shopping outlets and entertainment venues along Ashland Avenue ,Southport Avenue ,and Lincoln Avenue . Furthermore,the Wellington Brown Line station operated by CTA (Chicago Transit Authority) is conveniently located near this property providing excellent accessibility via multiple bus routes making it even more attractive for potential buyers.
This recent successful transaction marks another milestone achieved by Interra Realty showcasing their expertise in brokering high-value deals within Chicago’s competitive real estate market without mentioning any specific brands or locations such as Connect CRE or Connect LA or Connect Texas.
