CHICAGO, IL - Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of two multifamily properties in Chicago. The 24-unit 4954 N. Christiana Ave. in the Albany Park neighborhood sold for $4.5 million, and the 10-unit 4321-23 N. Tripp Ave. 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 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 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 Ave., the $10.8 million sale of a West Ridge portfolio, the $9.625 million sale of 6930 N. Greenview Ave., the $3.45 million sale of 6405 N. Wayne Ave., the $5.88 million sale of 6642-6652 N. Clark St., the $3.75 million sale of 4901 N. Christiana Ave., the $3.15 million sale of 6254 N. Whipple St. 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.
About Interra Realty: Founded in 2010, Interra Realty is a Chicago-based commercial real estate services firm that delivers integrated, tailored solutions through its boutique, client-focused approach and team of experienced professionals. Since its inception, the firm has closed thousands of transactions valued in excess of several billion spanning the multifamily, office and retail sectors, as well as loan sales. Interra’s clients range from private investors and high-net-worth individuals to large financial institutions, private equity groups and hedge funds. For more information, visit www.interrarealty.com