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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.

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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