Ted Stratman News Today

CHICAGO, IL - Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $1.3 million sale of a 13-unit apartment building at 1858 S. Springfield Ave. in Chicago’s Lawndale neighborhood. The price per unit was $105,000. Interra Managing Partner Lucas Fryman represented the buyer, a local owner who has a portfolio of multifamily properties in the immediate area. The seller, Brilliant Future LLC, was represented by Interra Managing...

CHICAGO, IL - Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of a 204-unit multifamily portfolio in Chicago’s Kenwood neighborhood. Comprising six buildings, the portfolio sold for $27 million, the equivalent of $132,353 per apartment. Interra Managing Partners Lucas Fryman and Ted Stratman, along with Associate Sam Gutierrez, represented the seller, New York-based real estate investment group Raskin Risers. Fryman,...

CHICAGO, IL - Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of a 35-unit multifamily property in Chicago’s Austin neighborhood for $2.66 million. The property, 5550 W. North Ave., traded for approximately $76,000 per unit. Interra Managing Partners Lucas Fryman and Ted Stratman, along with Associate Sam Gutierrez, represented the seller, New York-based real estate investment group Raskin Risers. Fryman, Stratman and...

Several players with area ties are among the field of 132 vying for the title at the Maine Men's Amateur Championship.

CHICAGO, IL - Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sales of two multifamily properties on Chicago’s South and Southwest sides: 7245 S. Bennett Ave., a 19-unit property in the South Shore neighborhood, and 6346 S. Fairfield Ave., a 31-unit community in Marquette Park. “Both properties generated strong interest from prospective buyers, including out-of-state and international investors, which shows how capital has...