### Kiser Group Brokers Sale of New Multifamily Property in East Garfield Park
Kiser Group has successfully completed the sale of a newly constructed, condo-quality multifamily property in Chicago’s East Garfield Park/Tri-Taylor neighborhood.
The property sold for $750,000, translating to an impressive $150,000 per unit. The transaction was brokered by Kiser Group’s Jack Petrando and Noah Clark. The fully occupied, five-unit building features three two-bedroom, two-bathroom units and two three-bedroom, two-bathroom units.
Located at 2727 W Congress Pkwy, the building was fully leased at the time of sale. As a newly constructed asset, it offers high-end finishes in a rapidly appreciating market. Positioned in an emerging neighborhood with convenient access to public transportation and a quick commute to downtown, the property attracted strong investor interest.
“This sale is a testament to the growing demand for quality multifamily assets in appreciating Chicago neighborhoods,” said Jack Petrando of Kiser Group.
About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax (www.griffintax.com) and REVVED Up Accounting (www.revvedupaccounting.com). In addition, Steve founded Madison Avenue Technology (www.madisonave.tech). With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.
