Kiser Group Brokers Noah Clark and Jack Petrando Close Record-Breaking $840,000 Sale in North Lawndale

Kiser Group brokers Noah Clark and Jack Petrando have closed the sale of a fully occupied, 2006-construction multifamily property in North Lawndale, achieving a record price of $140,000 per unit, the highest in the neighborhood.

The property, which closed for $840,000, went under contract within just five days of hitting the market. Its modern construction and large, well-appointed units, combined with exceptional rents, made it an attractive acquisition for the buyer. This transaction reflects the continued upward trend in North Lawndale, where newly renovated properties are now commanding prices above $100,000 per unit.

“This sale demonstrates the growing appeal of North Lawndale as a destination for investors seeking strong-performing assets,” said Noah Clark. “The combination of newer construction, high-quality units, and exceptional rents made this property particularly appealing, and the record price per unit speaks to the increasing demand for properties in this area.”

The property’s impressive sale is a testament to the rising values in North Lawndale and sets a new benchmark for future transactions in the neighborhood.