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Chicago & Midwest  + North Side  + Apartments  | 

Kiser Group Closes Two West Side Deals

Kiser Group recently brokered two separate multifamily transactions on Chicago’s West Side. 1015 N. Pulaski sold for $1,900,000, and 4301 W. Gladys sold for $950,000. 

The 32-unit 1015 N. Pulaski is located in Humboldt Park. Kiser Group’s Danny Logarakis and the Birk Sklar team at Kiser Group represented both the buyer and seller.

“Even with 1015 N. Pulaski’s NSP rent restrictions, it traded at a 7% cap rate,” said Logarakis. “Cap rate compression has been a trend that we’ve continued to see all over the West Side.”

4031 W. Gladys is an 18-unit building in West Garfield Park. Kiser Group’s Marco Cesario represented the buyer, and Logarakis represented the seller.

“4031 W. Gladys has been under contract for over a year and due to multiple approvals needed from the City of Chicago, HUD and other agencies, we are proud to have brought this deal to a close,” said Logarakis.

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Connect With Kiser’s Cesario and Logarikis

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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