03.25.21
Kiser brokers sale of Lakeview multiunit for $10.25 million
Kiser Group has advised on the $10.25 million sale of Graceway Corners, a three-story mixed-use development in Chicago. Kiser Group Advisors Andrew Friedman and Jake Parker along with Principal and Managing Broker Lee Kiser represented both the seller, Keen Realty, and an undisclosed buyer in the transaction.
Located at 3751 N. Halsted in the Lakeview neighborhood of Chicago, Graceway Corners sits at the intersection of Broadway, Halsted, and Grace. This three-story mixed-use building features 24 residential units and 13,600 square feet of commercial space. Originally built in 1927 as a hotel, it was later converted to a 117-unit boarding house. The seller purchased the development in the early 1980s and extensively renovated the building to its current configuration of loft-style flats and duplexes.
