Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of two multifamily properties in Chicago.
The 24-unit 4954 N. Christiana Avenue in the Albany Park neighborhood sold for $4.5 million, and the 10-unit 4321-23 N. Tripp Avenue in the Old Irving Park neighborhood traded for $2.2 million.
Interra Managing Partner Craig Martin represented the seller, HP Ventures Group, in both transactions. Martin also represented the buyers: Eloy Burciaga, who purchased 4954 N. Christiana, and John Krumsee, who acquired 4321-23 N. Tripp. Both properties were fully occupied at the time of sale.
“Chicago’s multifamily market is very active at the moment, especially among local investors looking for high-quality, stabilized assets with no deferred maintenance,” said Martin. “Despite only being on the market for a couple of weeks, these properties generated nearly 60 tours and 15 competitive offers.”
The courtyard-style 4954 N. Christiana Avenue includes eight one-bedroom and 16 two-bedroom apartments. Fully renovated approximately 15 years ago, the units feature hardwood floors, a mix of stainless steel and white appliances, in-unit laundry and central HVAC.
4321-23 N. Tripp Avenue features two one-bedroom, five two-bedroom and three four-bedroom layouts. The property underwent a similar renovation approximately 15 years ago, and apartments feature hardwood floors, stainless steel appliances, stone countertops, flat-panel cabinets, updated bathrooms, in-unit laundry and central HVAC.
These sales mark the latest in a series of Interra-brokered transactions on Chicago’s North Side totaling over $82 million so far in 2025. These include the $7.325 million sale of 611-13 W. Arlington Place, the $5.7 million sale of 567-69 W. Arlington Place, the $10.7 million sale of 811 W. Lill Avenue, the $10.8 million sale of a West Ridge portfolio, the $9.625 million sale of 6930 N. Greenview Avenue, the $3.45 million sale of 6405 N. Wayne Avenue, the $5.88 million sale of 6642-6652 N. Clark Street, the $3.75 million sale of 4901 N. Christiana Avenue, the $3.15 million sale of 6254 N. Whipple Street and the $16.1 million sale of a Rogers Park portfolio.
Located walking distance from North Park University, 4954 N. Christiana is close to dining and shopping options along Kedzie and Foster avenues. The area is served by the CTA’s Kimball Brown Line station and multiple bus routes.
4321-23 N. Tripp is close to dining and shopping options along Montrose and Elston avenues. The property is minutes from the Edens and Kennedy expressways and served by the CTA’s Montrose Blue Line station as well as multiple bus routes.
