Kiser Group Brokers Bulk Condo Sale in Rosemont
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!
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Brokers
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Remax Professionals
Re/Max Real Estate Professionals | New York
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout