Kiser Group has been selected to market the Forest Glen Apartments, a three-story, 264-unit multifamily property located at 1639 Forest Road in the highly sought-after La Grange Park neighborhood. The property is listed for $34 million and Managing Broker Lee Kiser along with Advisors Will Cornish and Kyle Sissell have the listing.
Forest Glen Apartments offers a mix of one and two bedroom apartments surrounded by popular Chicagoland suburbs near retail, dining, business districts as well as convenient access to I-55, I-294 & I290. Kiser Group anticipates strong investor interest due to debt assumption opportunities combined with high occupancy rates (98%). According to Cornish “Potential investors can seize this opportunity secure their foothold on the market while capitalizing on sustained demand for quality rental units in La Grange Park area”
