Interra Realty Brokers Sale of Vintage Apartment Buildings in Pilsen
Interra Realty brokered the $5.1 million sale of 2156 and 2158 W. 21st St., a two-building, 24-unit vintage multifamily portfolio in Chicago’s Pilsen neighborhood. The deal equated to $212,500 per unit.
Interra Managing Director Jeremy Morton represented the confidential buyer, as well as the private seller. The properties were fully occupied at the time of sale. “The Chicago multifamily market has seen sustained investor interest for assets that offer proven performance and an opportunity to scale up one’s portfolio,” said Morton.
Constructed in 1893, the properties a mix of one-, two- and three-bedroom layouts. Renovated in 2023, all units feature new kitchens with stainless steel appliances and quartz countertops, in-unit laundry and updated bathrooms with ceramic tile. The buildings are close to dining and shopping options along 18th Street and Western Avenue, employment centers like the Illinois Medical District and cultural attractions.
Join us on Tuesday afternoon, June 2, 2026, at the Connect Midwest Multifamily Trends Conference as JDL Founder, Jim Leitchinger, is honored with the Changing Skyline Award followed by an exclusive Keynote Interview. This is a rare opportunity to hear firsthand insights from one of the region’s most influential visionaries in multifamily development.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout