KISER GROUP CLOSES SEVEN PROPERTIES IN AUGUST 2011

CHICAGO, (September 15, 2011) –  In August 2011, Kiser Group, a Chicago-based commercial real estate brokerage, closed seven properties in the Chicagoland area totaling a value of $6,587,290 and 157 units.

The following properties were closed by Kiser Group:

·         4048 W. Hirsh, a 12-unit walk-up building in Humboldt Park, closed on August 1 for $325,000. Brad Feldman and Sean Connelly of Kiser Group were the list-side and Brad Feldman represented the buy-side.

·         6044 N. Broadway, a two-story commercial building in Edgewater, closed on August 8 for $312,000. Mark Beckwith of Kiser Group represented the list- and buy-side of the transaction.

·         6034 S. Prairie, an attractive 33-unit courtyard building in Edgewater, closed on August 18 for $965,250. John Olar and Bill Bauman of Kiser Group represented the list-side of the transaction and Brad Feldman of Kiser Group represented the buy-side.

·         1430 W. Thome, a six-flat located in Edgewater, closed on August 26 for $1,075,000. Lee Kiser and Brian Semel of Kiser Group represented both the list- and buy-side of the transaction.

·         623-31 Brummel, a 14-unit apartment building in Evanston, closed on August 29 for $1,200,000. The 1950’s style courtyard building was previously purchased for re-development as condominiums. Bill Baumann and Lee Kiser of Kiser Group represented both the list- and the buy-side of the transaction.

·         2631 W. Estes, a lender-owned, fully rehabbed, center entrance six-flat located in West Rogers Park, closed on August 30 for $760,000. This property had been a planned condominium conversion and Lee Kiser and Brian Semel of Kiser Group represented the list-side of the transaction and Bill Baumann of Kiser Group represented the buy-side.

·         6720 S. Jeffery, an 81-unit courtyard building in the South Side of Chicago, closed on August 30 for $1,950,000. John Olar and Lee Kiser of Kiser Group represented the list- and buy-side of the transaction.

For additional information about Kiser Group, visit www.kisergroup.com.