REBusinessOnline

Kiser Group Negotiates $2.9M Sale of Multifamily Portfolio in Chicago

The properties, including 662 S. Shore Drive, are located in the South Shore neighborhood.

CHICAGO — Kiser Group has negotiated the sale of a 50-unit multifamily portfolio in Chicago’s South Shore neighborhood for $2.9 million. The portfolio spans four buildings, located at 662 S. Shore Drive, 7661 S. Coles Ave., 7870 S. Coles Ave. and 7800 S. Cregier Ave. The buildings feature primarily one- and two- bedroom units. Noah Birk and Aaron Sklar of Kiser Group brokered the sale. A California-based investor purchased the portfolio from a local owner.

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