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Kiser Closes on Two Rogers Park Properties

The Kiser Group recently closed on two multifamily sales in Rogers Park. The properties at 2049 W. Jarvis Ave. (pictured) and 7417 N. Clark St. traded for $2.625 million and $1.925 million, respectively, at cap rates of 6.89% and 7.01%. The buyers were not disclosed.

Kiser’s Danny Logarakis and Stevens Haen handled both transactions. In the sale of the 26-unit 2049 W. Jarvis, Haen represented the buyer, while Logarakis represented the seller, City Investors LLC.

For the 19-unit 7417 N. Clark, seller KMA Holdings LLC was represented by Logarakis, and the buyer was once again represented by Haen.

The brokerage is currently marketing a 21-unit multifamily property elsewhere in the Rogers Park community, which it describes as “a gem in Chicago’s North Side neighborhoods.”

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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 13-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 15-20 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 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).

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