Kiser Group Facilitates $31.5 Million in Multifamily Transactions Across Prime Chicago Neighborhoods

Kiser Group is pleased to announce the successful closing of two significant multifamily transactions in Chicago, collectively totaling $31.5 million. Both transactions, of TLC Management properties, highlight Kiser Group’s expertise in marketing and closing high-demand assets across the city’s most desirable neighborhoods.

The first transaction, brokered by Lee Kiser, Aaron Sklar, and Noah Birk, involved a portfolio of three premier multifamily properties in Hyde Park: Campus Court Apartments (58 units), The Victorian (64 units), and Woodlawn House (85 units), totaling 207 units. Marketed in early July, the portfolio went under contract approximately 30 days later following a series of tours and strong interest from multiple parties. At closing, the portfolio maintained an occupancy rate exceeding 95%.

Aaron Sklar, Partner at Kiser Group, said, “This portfolio represents a unique opportunity in one of Chicago’s most desirable neighborhoods. Buildings of this size are rare in Hyde Park, and to find three well-located properties in close proximity is extraordinary. We were thrilled to connect the right buyer with these exceptional assets.”

The second transaction, brokered by Lee Kiser, Andy Friedman, and Jake Parker, was the sale of The Annabelle, a large multifamily building in Lakeview with 93.6% occupancy. Brought to market with price subject to offer, The Annabelle closed for $7.8 million.  The Kiser Group team negotiated a contract with a portion of earnest money non-refundable at signing, seven days of due diligence, and a close on October 20, 2025,  45 days after contract execution.  The Annabelle’s  prime location—one block from the Lakefront and walking distance to Wrigley Field—made it a rare value-add opportunity in a neighborhood that sees fewer than two similar buildings trade per year.

Andy Friedman, Partner at Kiser Group, commented, “Lakeview is a highly sought-after market with consistently high occupancy and rent growth. The Annabelle’s location and scale created a unique investment opportunity, and we’re proud to have guided the transaction from marketing to closing efficiently.”

These transactions reinforce Kiser Group’s ability to deliver exceptional value for both buyers and sellers in Chicago’s competitive multifamily market, connecting investors with rare, high-quality properties and executing complex deals efficiently.

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