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Kiser Group is marketing the Mabel Exchange, an apartment property in Chicago's Andersonville neighborhood that was originally the headquarters of cosmetics company Maybelline

Kiser Group Markets Onetime Maybelline Headquarters 

Kiser Group is marketing The Mabel Exchange, a mixed-use property in Edgewater’s Andersonville neighborhood. Director Andy Friedman, advisor Jake Parker and principal & managing broker Lee Kiser are marketing the property at 5920 N. Ridge Ave. subject to offer. 

“Chicago’s North Side continues to attract the attention of investors, and Andersonville will only continue to increase in desirability for both residents and property owners alike,” said Friedman. “With the commercial space fully leased and residential rents trending upward in the building, we anticipate the market will possibly reach $18,000,000 for The Mabel Exchange.” 

The Mabel Exchange features 52 renovated apartments with quartz countertops, stainless steel appliances and in-unit laundry. In addition, the property includes 20,452 square feet of fully-occupied commercial space and 33 garage parking spaces. Built in 1915, the property originally housed the headquarters of cosmetics company Maybelline, which was named after the founder’s sister Mabel.

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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 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).

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