
Kiser Group Lists 61-Unit South Shore Portfolio
7600 S. South Shore Dr. and 7763 S. South Shore Dr. in the South Side’s South Shore neighborhood have been listed for sale by Kiser Group’s Birk | Sklar team. The 61-unit multifamily portfolio, located along Lake Michigan on Chicago’s historic South Shore Drive, is offered at $4.65 million.
Partners Noah Birk and Aaron Sklar are marketing the properties. “People love to say an investment opportunity is rare. Well, this portfolio is just that,” said Sklar. “Where else can you buy this scale, on Lake Michigan in the South Shore market for under $5 million?”
The properties are nearby Rainbow Beach on Lake Michigan, the future Barack Obama Presidential Center and Chicago’s South Works site, and are well connected to major thoroughfares.
“There’s only so much lakefront property available in Chicago,” said Birk. “Whenever we bring buildings to the market on South Shore Drive, the interest levels are always impressive.”
- ◦Sale