Kiser Group Closes Two Significant South Side Chicago Multifamily Sales

Kiser Group is pleased to announce the successful closings of two multifamily properties on Chicago’s South Side. Both sales were brokered by the powerhouse team of Noah Birk and Aaron Sklar, who continue to lead in the region with their deep market expertise and client-focused strategies.

The first property, located at 9218 S. Bishop in the Brainerd neighborhood, is a 25-unit courtyard building that sold for $1,615,000. The property attracted strong interest due to its location and solid property fundamentals, resulting in a closing on October 9, 2024. This transaction marks another successful sale for Kiser Group in Chicago’s multifamily market.

The second property, a 9-unit, fully renovated corner building at 7363 S. Coles in South Shore, sold for $873,000. The property was completely renovated from brick to brick, sparking significant buyer interest. The high-quality renovation led to multiple offers, and the final sale on September 13, 2024, marked one of the highest price-per-unit sales in South Shore history at just under $100,000 per unit. This sale highlights the continued demand for high-quality multifamily assets in the area.

In addition to these closings, the Birk Sklar team has been actively involved in several other transactions in recent weeks. In the last three weeks alone, they have successfully closed 1444 S. Trumbull, 2511 W. 111th, 1216 S. Albany, 9645 S. Avenue M, 7731 S. Kingston, 13037 S. Seeley, 1143 S. Saint Louis, and 10512 S. Central. These deals, completed by brokers Jack Petrando and Noah Clark, John George and Joe Bianchi, further solidify Kiser Group’s dominance in the Chicago multifamily market.