Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Kiser Group Advises on Albany Park Deconversion Sale
Kiser Group advised on the $1,773,000 Section 15 deconversion sale of 4944 N. Harding in the North Side’s Albany Park neighborhood. Advisors Andy Friedman and Jake Parker represented both the seller, 4944-46 N. Harding Condominium Association, and buyer, Block & Key.
“As North Side brokers, we have seen growing interest for Albany Park properties over the years and this deal marks the second deconversion we’ve closed on Harding in the past year,” said Parker. “Albany Park’s multifamily market continues to see upward movement in rent due to its easy access to transportations, a built-in student renter base and numerous parks.”
4944 N. Harding features 13 total units- 11 two-bedroom/one-bath units and two three-bedroom/two-bath units. The L-shaped walk-up building was converted to condominiums in 2005, during which time the entire property was gut renovated. All units have individual furnaces and central A/C, as well as in-unit laundry and high-end finishes.
- ◦Sale/Acquisition


