Saturday, November 2, 2013

Kiser Group Retained to Sell Two Apartment Buildings and One Office/Retail Property in Northern Chicago Area

  
3800 North Bell apartments, North Center Neighborhood, Chicago, IL
  
834 - 840 Judson Apartments, Evanston, IL
CHICAGO, IL – Kiser Group, Chicago’s leading mid-market commercial real estate brokerage firm, has been retained for three new listings across the northern Chicago area – a 25-unit courtyard apartment building in Southeast Evanston just steps from Lake Michigan; an eight-unit apartment building in Chicago’s North Center neighborhood; and a 10-unit office/retail property in Schaumburg.

834-840 Judson - Evanston

 Listed for $8,200,000 and located at 834-840 Judson, this 25-unit courtyard apartment building in Southeast Evanston sits within easy walking distance to the Purple Line Main Street ‘L’ Stop, Lake Michigan and downtown Evanston. 

975-983 West Wise, Schaumburg, IL
 “The Judson property presents an investor the opportunity to acquire a gut-renovated, stabilized property in a highly desirable location with a limited supply of similar product,” said Mike Anguiano, managing director of Kiser Group, who is marketing the listing. 

“The apartments attract both commuters to downtown Chicago as well as professionals working in downtown Evanston. The high-end condo quality finishes also appeal to renters.”



Mike Anguiano

3800 N. Bell – North Center Neighborhood

  3800 N. Bell is a brick, eight-unit apartment building listed at $1,750,000. It is located five blocks from the Brown Line Addison ‘L’ stop, between Roscoe Village and Ravenswood. 

 “The condominium quality finishes from recent renovations provide great rental upside,” said Lee Kiser, principal of Kiser Group, who is marketing the listing. “Since it’s a corner property, the units are flooded with sunlight. The building is fully occupied and has been so historically.”

Lee Kiser
975-983 W. Wise - Schaumburg

 Located at 975-983 W. Wise in Schaumburg, this multi-tenant office/retail property is listed for $620,000. Wise Business Center contains approximately 18,000 square feet on a 1.42-acre parcel. Seven of the 10 units are leased.

 Some of the tenants include Tanela Auto & Truck Repair, Solache’s Cuts Hair Salon, and APX Travel.

 “This is a great opportunity for either an owner/user or an investor,” said John Meyer, managing director of Kiser Group, who is marketing the listing.

John Meyer
“There is tremendous upside potential by adding value and leasing the vacant space. Located on a heavily traveled street, the property’s high visibility also appeals to tenants.”

For a complete copy of the company’s news release, please contact:

Kathryn Kjarsgaard
312-267-4528


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