M. Fishman & Co., a Chicago-based multifamily property owner, has named Pioneer Realty Group as the exclusive leasing agent for 5417 N. Kenmore, a 72-unit multifamily residential community in Chicago’s Uptown neighborhood.
At the time of the announcement, the property that exclusively features studio residential units was approximately 90% leased. Units in the six-story vintage apartment building, developed in 1929, are priced ranging from $895 to $1,095. Currently, the average rental rate for studio apartments in the Uptown neighborhood is $1,260 per month.
The elevator-serviced building has 12 units per floor. Other features of the building include a basement-level laundry area with card-operated washers and dryers, a package room and storage lockers for each resident.
The property is located one block west of Sheridan Road, in close proximity to the CTA Red Line stop at (Berwyn). It is also close to Du Sable Lake Shore Drive and within blocks of two grocery stores—Jewel and Mariano’s.
At 72 units, the building is one of the larger properties owned and managed by M. Fishman & Co. The company’s holdings generally range from 30-40-unit garden style properties. Many of the company’s buildings are located in the Logan Square neighborhood, near its headquarters.
