Kiser Group Announces Two Multifamily Listings in High-Demand Belmont Cragin

Kiser Group is pleased to announce the listings of two multifamily properties in the rapidly growing Belmont Cragin neighborhood, both owned by the same seller. As the area continues to see significant growth and increasing investor interest, these well-located buildings present a prime opportunity for investors to capitalize on the neighborhood’s upward momentum.

The first property, a fully occupied and upgraded 12-unit building at 5201 W. Schubert, is listed for $1,500,000 ($125,000 per unit). The well-maintained building features six one-bedroom and six two-bedroom units. Situated on a quiet corner lot, it is surrounded by a predominantly single-family home community, which adds to its residential charm. Belmont Cragin remains one of Chicago’s most sought-after neighborhoods, driven by rising rental rates and a competitive market, making this property a rare opportunity for investors.

“Belmont Cragin continues to be one of the hottest neighborhoods in Chicago for multifamily investments,” said Joe Bianchi, Broker at Kiser Group. “The 12-unit property at 5201 W. Schubert offers a fantastic opportunity for investors to acquire a well-maintained, fully leased asset in a neighborhood with strong long-term growth potential.”

The second property, an 11-unit building at 3054 N. Major, is listed for $1,200,000 ($109,000 per unit). This fully occupied building consists of five one-bedroom and six two-bedroom units. It presents significant potential for rent increases through cosmetic renovations and more efficient leasing practices, offering excellent upside for investors looking to add value. Danny Logarakis joins Joe Bianchi and John George in representing the seller for this listing.

“Properties like 3054 N. Major represent an outstanding opportunity for investors seeking value-add potential in a rapidly developing neighborhood,” said John George, Broker at Kiser Group. “With rent growth continuing in Belmont Cragin, this 11-unit building is well-positioned for future appreciation.”

“Belmont Cragin is a neighborhood where investor interest is continuously growing,” said Danny Logarakis, Broker at Kiser Group. “The 11-unit building at 3054 N. Major offers an attractive entry point for investors to enhance their returns through renovations and strategic management.”

Both properties are strategically positioned in Belmont Cragin, where rental rates are rising and investor activity is increasing. Kiser Group remains highly active in the area, with several other properties under contract, underscoring the continued confidence in the neighborhood’s future potential.