John George and Joe Bianchi Drive Investment in Chicago’s Mobility Zones with Over 20 Buildings Sold

Over the past year and a half, Kiser Group Advisors John George and Joe Bianchi have been leading investment sales in Chicago’s designated Mobility Zones. Their impressive track record includes 20 buildings sold, totaling 211 units and more than $22 million in transactions. As a result, property owners and investors have increasingly recognized the financial incentives tied to these areas, driving property values higher.

What Are Mobility Zones?

Mobility Zones are part of the Chicago Housing Authority’s (CHA) Mobility Program, designed to help families move from high-poverty, high-crime neighborhoods into safer communities with stronger rental markets. To encourage participation, CHA offers landlords subsidized premiums, sometimes up to 150% of market rent.

These zones are defined by:

• Poverty levels below 20%
• Low crime rates

Families relocating to Mobility Zones gain access to better schools, safer environments, and improved job opportunities. CHA supports tenants with relocation planning, budgeting workshops, tenant rights education, and up to $1,000 in assistance for security deposits and moving expenses. Eligibility includes current Housing Choice Voucher (HCV) participants not yet residing in a Mobility Zone, new HCV entrants, and families transitioning from other housing programs in good CHA standing.

A Market on the Rise

John George and Joe Bianchi’s success in these areas has increased investor interest, driving up property values and highlighting the advantages of owning in Mobility Zones. Their recent transactions showcase the strength of this market:

Recent Sales (Last 1.5 Years)

• Beverly Collection (10320 Walden, 10604 Walden, 10360 Walden, 10437 Hale, 10515 Hale) – 85 units | $8.5M
• 5338 S. Kenneth – 8 units | $750K
• 2324 W. 111th – 17 units | $1.925M
• 11456 S. Hale – 6 units | $450K
• West Lawn Collection (3830 W. 63rd, 3733 W. 63rd, 3739 W. 63rd) – 33 units | $3.67M
• 6040 W. 63rd – 2 units | $450K
• 3222 S. Morgan – 9 units | $840K
• 1757 W. 95th – 17 units | $1.225M
• 11026 S. Prospect – 10 units | $1.2M
• 13447 S. Houston – 6 units | $590K
• 2511 W. 111th – 6 units | $730K
• 9645 S. Ave M – 6 units | $660K
• 8134 Western – 8 units | $840K
• 7900 S. Sacramento – 6 units | $600K
• Total: 211 units | $22,426,666

Under Contract

• 18 units | $2M

Listings

• 2245 W. 111th – 42 units

With investor interest continuing to rise, now is the time to explore opportunities in Chicago’s Mobility Zones. John George and Joe Bianchi’s expertise and proven track record make them the go-to team for those looking to capitalize on this growing market. Reach out today to learn more!