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Kiser Group Arranges Rogers Park Sale to Becovic
Becovic, a Chicago-based multifamily owner and operator, has acquired 6758 N. Sheridan in Rogers Park for $9.8 million. The deal was brokered by Kiser Group’s advisors Rick Ofman and Danny Logarakis. Kiser Group represented both the seller, The Vranas Family Trust, and Becovic in the transaction.
“Investor interest in Rogers Park multifamily continues to rise,” said Ofman. We had 38 tours, resulting in multiple competitive offers. It’s no surprise that more than 800 multifamily units in the neighborhood have changed hands so far this year.”
Logarakis added, “The value-add potential, as well as the Loyola University location of the building, was very appealing to potential investors.”
Originally built in 1974, 6758 N. Sheridan is a 73-unit 4+1 apartment building located on the east side of Chicago’s Rogers Park neighborhood. The building has 29 studio apartments and 44 one-bedroom units.
- ◦Sale/Acquisition
