Kiser Group Lists “University of Chicago Portfolio” for $10M

Kiser Group is proud to announce the exclusive listing of the University of Chicago Portfolio, two  rare multifamily opportunities located adjacent to the University of Chicago campus. The portfolio will officially hit the market on June 20, 2025, with an asking price of $10,000,000 and current occupancy at 95%.

Formerly owned and operated by the University of Chicago as student dormitories, this unique portfolio presents a compelling investment with strong in-place cash flow and exceptional value-add potential. Each building in the offering is directly adjacent to campus, providing unparalleled access to a consistent tenant base and long-term leasing stability.

“This is one of those rare listings that combines immediate returns with long-term upside,” said Lee Kiser, Principal and Managing Broker at Kiser Group. “The chance to acquire former University of Chicago assets at a low per-unit basis—with existing cash flow and future repositioning potential—is virtually unheard of in this location.”

The University of Chicago Portfolio is being marketed by Lee Kiser and the Birk | Sklar team, including Partners Noah Birk and Aaron Sklar, who bring extensive experience in multifamily investment sales across the Chicago market.

With below-market rents, high occupancy, and proximity to a world-class university, the portfolio offers investors a rare opportunity to renovate and reposition while benefiting from a historically high cap rate and strong rental demand.

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