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Chicago & Midwest  + South Side  + Apartments  | 

Kiser Group Lists Stabilized Apt. Portfolio on South Side

An 86-unit portfolio on Chicago’s South Side has been listed for sale by Kiser Group. Located at 7928 S. Morgan, 8100 S. Loomis, 7954 S. Laflin, 1305 W. 82nd, 1332 W. 82nd, 8355 S. Sangamon and 6602 S. Winchester, the portfolio is listed for $7,950,000.

Kiser Group’s Noah Birk and Aaron Sklar are marketing the portfolio. The brokerage says the portfolio has been completely renovated to condominium-quality levels, and offers a turnkey, stabilized investment for a new buyer.

“There is major demand from renters for high-end units on the South Side, but buildings like these don’t pop up often. This portfolio commands top of the market rents,” said Birk. “Rents are going for as high as $1,433 per month for three-bedrooms and $1,130 per month for two-bedroom units.”
Sklar added, “The portfolio is an interesting opportunity for out-of-state investors looking to grow their presence in Chicago.”

Pictured: 6602 S. Winchester.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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