Kiser Group Brokers Jacob Price and Katie LeGrand have successfully closed on 1553-55 W. Hollywood, a $10.9 million off-market deal. This property, nestled in the heart of Andersonville, spans an entire city block and features a total of 76 apartments, ranging from studios to three-bedroom units. Additionally, the property includes 22 retail spaces.
Andersonville has been witnessing a surge in popularity among renters, with residents and Chicagoans alike drawn to the neighborhood’s eclectic mix of shops and restaurants along the Clark Street Corridor. This transaction aligns perfectly with the neighborhood’s burgeoning trend, as it offers an unrivaled opportunity for new ownership to revitalize the vintage charm of the building, modernize its units, and introduce sought-after common amenities.
