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Chicago & Midwest  + North Side  + Apartments  | 
Kiser Group's Danny Logarakis arranged the sale of 1237 W. Morse Ave., a 21-unit apartment property in Chicago's Rogers Park neighborhood

Kiser Group Sells One Rogers Park Multifamily, Lists Another 

Kiser Group completed the sale of a rarely available 21-unit walk-up in East Rogers Park. 1237 W. Morse Ave. sold for $3.18 million.  

Director Danny Logarakis represented the seller, who owned the property for more than two decades. Logarakis also represented the buyer.  

“While current ownership has kept the property meticulously maintained for two decades, the buyer will have an opportunity to add value by renovating units and raising rents to market-rate,” said Logarakis. 

In addition to the closing, Logarakis also represents the seller of another Rogers Park asset, a 10-unit property at 6649 N. Greenview Ave. listed at $1.425 million.   

“The North Greenview property provides a new owner several value-add opportunities, including converting the two one-bedroom units into two-bedroom units,” said Logarakis. “Rents in the building are currently 20% below market, so it’s a great opportunity in a great pocket of Rogers Park.”

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Kiser Group's Logarakis

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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