Kiser Group closed three landmark multifamily real estate transactions by brokers John George and Joe Bianchi.
The first property, at 11026 S. Prospect, achieved a record-breaking price per unit in Chicago’s Morgan Park neighborhood at $120,000 per unit, totaling $1,200,000. This well-maintained building, situated in a prime location across from the 111th/Morgan Metra Train Station, offers easy access to downtown Chicago and is adjacent to the scenic Bohn Park and Morgan Park High School. With a 100% occupancy rate, this property presents a lucrative investment opportunity in a thriving neighborhood.
The second property, 1759 W. 95th, closed at $1,225,000, showcasing the allure of Beverly’s prime location. This mixed-use building, featuring nine apartments and eight retail spaces, attracted an out-of-state buyer drawn to the area’s suburban charm and excellent transportation access, including the nearby 95th/Beverly Hills Metra Train Station.
Lastly, the property at 13447 S. Houston, with a closing price of $590,000, presents an attractive opportunity in Hegewisch. Boasting 100% occupancy and recent renovations, this property’s proximity to nature attractions like Beaubien Woods Forest Preserve and Lake Michigan, coupled with easy access to downtown via the Hegewisch Metra Station, makes it an ideal investment for discerning buyers.
