Kiser Group is excited to announce the successful closing of the distinguished property located at 3935-45 W. Division St. in Humboldt Park.
With a total of 41 units, comprising 37 apartment units and four retail spaces, the building was initially classified as condos at the time of sale. This property boasts a captivating history. Originally converted into condominiums in 2006, it underwent a remarkable transformation when 85% of its units were acquired through a bank sale following the market downturn of 2008-2009.
While situated further west from the heart of Humboldt Park, this area has recently demonstrated an upward trajectory in rent growth. The property’s location holds promise for future value appreciation, solidifying its appeal to the buyer.
