Interra Brokers $3.15 Million Sale in Chicago’s West Ridge Neighborhood

CHICAGO — Interra Realty has brokered the $3.15 million sale of 6254 N. Whipple St. in Chicago. The 16-unit apartment building, which was fully occupied at the time of the sale, was developed in 1931 and renovated in 2023. The $3.15 million sales price equated to $196,875 per unit. Interra Senior Managing Partner Brad Feldman represented the buyer and seller, both of whom are Chicago-based private investors. The seller acquired the asset in 2023 for $1.8 million, and, at that time, the property had not traded in more than 50 years. Property improvements made during the seller’s hold period included new plumbing and electrical systems and unit updates that introduced quartz countertops, stainless steel appliances and in-unit laundry.