Kiser Brokers Sale of New Construction MF in East Garfield Park
Kiser Group has completed the sale of a newly constructed, condo-quality multifamily property in the East Garfield Park/Tri-Taylor neighborhood.
The property achieved a final sale price of $750,000, equating 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 consists of three two-bedroom, two-bathroom units and two three-bedroom, two-bathroom units.
Located at 2727 W Congress Pkwy, the property was fully occupied at the time of sale. As a new construction asset, it delivers condo-quality finishes in an appreciating market. Situated in an up-and-coming neighborhood with convenient access to public transportation and a quick commute downtown, the property generated significant investor interest. “This sale is a testament to the growing demand for quality multifamily assets in appreciating Chicago neighborhoods,” said Kiser’s Jack Petrando.
Register Today to “Be in the Room” when Michael Brennan receives Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL, for this exclusive presentation!
