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| 1230--1244 Carol, Park Ridge, IL |
CHICAGO, IL – Kiser Group, Chicago’s leading mid-market
commercial real estate brokerage firm, recently brokered two apartment sales
and one mixed-use property transaction – a 52-unit property in Park Ridge, a
15-unit mixed-use building in Portage Park, and a six-unit building in Rogers
Park.
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| John Meyer |
1230-1244 Carol – Park Ridge
The 52-unit brick
apartment complex located at 1230-1244 Carol in Park Ridge sold for $4.45
million. The unit mix includes one- and two two-bedroom units, each with one
bath.
“This property
provides solid, stable returns and has been extremely well-maintained,” said John
Meyer, managing director of Kiser Group, who represented buyer and seller
in the sale. “The surrounding neighborhood is quiet and tends to attract
renters that stay for a long time.”
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| Brian Semel |
4209 Milwaukee -- Portage Park
This 15-unit
mixed-use property at 4209 Milwaukee includes five storefronts along a bustling
city street with 10 apartments located directly above the commercial spaces.
Located in Chicago’s Portage Park neighborhood, it sold for $815,000. The unit
mix includes five retail spaces, five one-bedroom, one-bath residential units
and five studio apartments.
“This building attracts retailers that serve the needs of
the neighborhood,” said Brian Semel, senior managing director of Kiser
Group, who represented buyer and seller in the sale. “The high visibility along
heavily trafficked Milwaukee Avenue also appeals to these retailers.”
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| Mike Anguiano |
“Residents of this building enjoy the convenient location,”
added Mike Anguiano, managing director of Kiser Group, who also
represented buyer and seller in the sale. “They can get on the Milwaukee Avenue
bus right outside their door.”
1431 West Howard, Rogers Park
1431 West Howard, Rogers Park
Located at 1431 W. Howard in Chicago’s Rogers Park
neighborhood, this center-entrance six-flat sold for $605,000. It includes
two-bedroom, one-bath apartments. The property also includes a four-car parking
garage.
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| 4209 Milwaukee, Portage Park, IL |
“This recently
improved six-flat consistently maintains a high occupancy rate because of its
location,” said Mike Anguiano, managing director of Kiser Group, who
represented the seller in the sale. “It’s a five minute walk to the Purple Line
‘L’ stop at Howard Street, and it’s only a few blocks from Lake Michigan.”
All the names of
buyers and sellers involved in these transactions are not available at this
time.
For a complete copy of the company’s news release, please
contact:
Mark Thomton
312-267-4523
