
Kiser Group’s Birk | Sklar Team Closes Sale of South Shore Portfolio
Kiser Group’s Birk | Sklar Team, led by partners Noah Birk and Aaron Sklar, recently closed The South Shore Portfolio, totaling 101 units, for nearly $10 million.
The portfolio comprises:
- 7419 S Colfax: $3.6 million, 29 units
- 6700 S Chappel: $3 million, 27 units
- 2445 E 72nd: $2.85 million, 45 units
The three properties are all located in Chicago’s South Shore, with a strong focus around Jackson Park.
“According to CoStar, this is one of the neighborhood’s largest transactions in the past five years,” said Sklar. “It also marks one of the highest transactions on a per-unit basis. Furthermore, all the buildings have been professionally managed and boast high end finishes with an incredibly strong history of high occupancy.”
With the uncertainty of the financial markets, the Birk | Sklar Team has seen increasing interest from buyers looking for large, updated, renovated properties in developing neighborhoods such as South Shore.