A venture led by Northbrook-based Katz Bros. Development LLC put up for sale Eastwood Gardens, a 188-unit apartment building at 6531 S. Lowe St. in Englewood, according to a brochure from brokerage Kiser Group, which is marketing the property. The asking price is $4 million, or 27 percent less than the $5.5 million the Katz venture paid in 2006, property records show. David Katz, an executive at the firm, said only that the firm wanted to take advantage of the strong demand for multi-family buildings. The property is 65 percent occupied, said Lee Kiser, principal at Chicago-based Kiser.
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