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Kiser Group, a real estate brokerage firm, recently closed the sale of a newly built multifamily property in the East Garfield Park/Tri-Taylor neighborhood. The final price for this impressive property was $750,000 or $150,000 per unit. Kiser’s Jack Petrando and Noah Clark were responsible for brokering the transaction.
The five-unit building is fully occupied and features three two-bedroom units with two bathrooms each and two three-bedroom units with two bathrooms each. Located at 2727 W Congress Pkwy, this new construction asset offers high-quality finishes in an appreciating market. Its convenient location near public transportation and easy access to downtown also made it highly desirable to investors.
According to Jack Petrando from Kiser Group: “This successful sale highlights the increasing demand for top-notch multifamily properties in growing Chicago neighborhoods.” Don’t miss out on Michael Brennan receiving Connect CRE’s Lifetime Achievement Award at Connect Industrial Midwest 2025 on March 5th at Joe’s Live in Rosemont! Register today to be part of this exclusive event where he will participate in a keynote interview with Kevin Brennan from Brennan Investment Group.
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