Kiser Group Brokers Bulk Condo Sale in Rosemont

Kiser Group Brokers Bulk Condo Sale in Rosemont
News| May 23, 2025| Jasmine Kilman
Chicago & Midwest + Apartment Buildings

Kiser Group has completed the sale of 35 condominium units in a bulk transaction located in Rosemont, Illinois. The deal, totaling $3.875 million, was brokered by Kiser Group’s Partner, Andy Friedman and Senior Director, Jake Parker.

“Bulk condominium transactions are uncommon, especially in a market like Rosemont, where multifamily properties rarely trade,” said Friedman. “The buyer recognized the potential of both the real estate and the location.”

With 97% occupancy at the time of sale, the transaction represents a rare opportunity for a local investor to acquire a value-add asset in a highly sought-after, low-supply submarket. The centrally located property offers convenient access to O’Hare International Airport, Rivers Casino, the Rosemont Fashion Outlets, and a growing mix of traditional shopping and dining options. “This sale highlights the kind of creative dealmaking that can happen when a buyer is willing to take on a unique ownership structure,” added Parker.

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with Greg Mutz, Chairman & CEO of Amli Residential Partners, LLC and Keynote Interviewer Fred Schreiber, Chief Operating Officer at Connect Midwest Multifamily on June 4, 2025, at The Midland Hotel, Chicago, IL. Register Today to network with your peers!

Other News

Jonathan Rose Announces Revamp of Ohio Seniors Housing

Chicago & Midwest

Jonathan Rose Companies and Community Opportunity Fund, a nonprofit focused on expanding affordable housing and connecting residents to opportunity, announced plans for a comprehensive $32.8 million rehabilitation of Ashtabula Towers, a 202-unit affordable senior housing community in Ashtabula, Ohio. The project represents a significant reinvestment in a longstanding community asset, with updates designed to enhance...

Learn more

Atlas Capital Snags Hell’s Kitchen Apartments for Reported $150M

New York & Tri-State + Apartment Buildings

Atlas Capital Group has acquired 360 W. 43rd St., a 256-unit multifamily property located in Midtown Manhattan’s Hell’s Kitchen neighborhood. Although Atlas Capital did not disclose the acquisition price, Crain’s New York Business reported it as approximately $150 million, or about $586,000 per unit. The 23-story, approximately 250,000-square-foot property comprises 256 rental apartments, 13,000 square feet...

Learn more

EYA Advances Two Residential Developments in Fairfax County

Washington DC + Apartment Buildings

EYA LLC, a D.C.-based urban infill residential developer, is advancing two major residential projects in Northern Virginia. The firm’s Prosperity Park project received approval from the Fairfax County Board of Supervisors, and the Idylwood Hill development reached a key milestone with the closing of its 6.97-acre site in Falls Church. The two projects will bring...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up