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4740-48 S. Greenwood Ave. is located in the Hyde Park-Kenwood Historic District. 4740-48 S. Greenwood Ave. is located in the Hyde Park-Kenwood Historic District.

CHICAGO—Locally-based Interra Realty reports it has brokered the sale of the four-story, 31-unit apartment complex at 4740-48 S. Greenwood Ave. in the Kenwood district for the highest per-unit price in a decade in that area.

The brokerage firm states the multifamily property sold for $5.575 million, which calculates out to $179,839 per unit, which was the highest price per unit for a single property in Kenwood in the last 10 years, according to CoStar data.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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