Kiser Group’s Birk | Sklar Team Lists 62-Unit Grand Crossing Multifamily
Kiser Group’s Birk | Sklar Team has listed 6800 S Dorchester for sale in Grand Crossing on Chicago’s South Side. The 62-unit apartment property, listed at $5.95 million, is within blocks of Chicago’s Rebuild Foundation and the newly developing Obama Presidential Center.
“The property is situated in a pocket of Grand Crossing where there’s a ton of new development,” said partner Aaron Sklar. “It’s at the center of new art developments in Chicago, just due west of Jackson Park..”
The property gives the buyer an opportunity to gradually update remaining units for an even higher return on an already stabilized cash-flowing asset with long-term tenancy.
“The location of this property is what makes it incredibly unique,” Sklar added. “The new art incubator spearheaded by Theaster Gates is slated to open in 2023, which will further define the area as a desirable hub for culture and arts.”
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).