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Kiser Group Brokers Close Two Notable North Lawndale Sales
Kiser Group completed the sales of two multifamily property sales in Chicago’s North Lawndale neighborhood.
Kiser Group brokers Jack Petrando and Noah Clark closed the sale of 1143 S. St. Louis Avenue for $515,000, equating to $85,800 per unit. The fully occupied property, which was listed in May 2024, presented a strong value-add opportunity for the buyer, Doubles Realty LLC.
The deal represents the fourth multifamily transaction in North Lawndale completed by Kiser Group this quarter. Investors continue to be drawn to the area’s rental demand and ongoing neighborhood growth.
Kiser Group also arranged the sale of a fully occupied multifamily property located on Douglass Park for $550,000, or approximately $91,600 per unit. This marks the second sale on the same block of Albany by Kiser Group this quarter.
“This transaction highlights the growing interest in the Douglass Park area from both local and out-of-state investors,” said Jack Petrando, Kiser Group Director.
