River North apartment building sells for $9.58 million

943 North Crosby Street

July 27, 2020 – A two-year-old 27-unit apartment building in River North has sold for $9.58 million. It is the first mid-market multi-family property to trade hands in River North in three years, according to CoStar Group.

Interra Realty says it brokered the sale of 943 North Crosby Street from Metro Park LLC to Recon Properties LLC.

“There are a limited number of newly-constructed, boutique-sized apartment buildings in this part of the city, which makes them especially appealing to investors when they become available,” said Joe Smazal, Interra’s senior managing partner.

Steven Dahlman is the editor and publisher of Loop North News. With over 40 years of experience as a journalist and 20 years as a commercial photographer, his career includes work as a radio news director, reporter, and anchor. He is the co-author of three books on Chicago’s evolution, including Chicago’s River: At Work And At Play and Changing Chicago: A Portrait in Postcards and Photos. His first solo book, Marina City: The Definitive History of a Chicago Landmark, is scheduled for publication by Trope Publishing Co. on October 28, 2026.