07.28.25

Kiser Group Brokers $6M Multifamily Sale in Chicago’s Uptown Neighborhood

Kiser Group is pleased to announce the sale of 1132–1140 W. Wilson Avenue, a multifamily property located in Chicago’s Uptown neighborhood. The property sold for $6,000,000 on July 10, 2025, just two months after being brought to market on May 5, 2025. The deal was brokered by Katie LeGrand and Jacob Price of Kiser Group.

Originally completed as an adaptive reuse project in 2015, the property was 100% occupied at the time of sale. Located just one block from the CTA, across the street from Truman College, and less than a mile from Lake Michigan, the building is situated in one of Uptown’s most vibrant and transit-accessible corridors.

CedarSt served as the seller, with J&J Equities acquiring the asset. The buyer was especially drawn to the location, which aligns well with their nearby office and existing portfolio in the area.

“This is a textbook example of how location and timing can align perfectly,” said Katie LeGrand, Advisor at Kiser Group. “The demand for quality multifamily in Uptown remains strong, and this property checked all the right boxes for the buyer.”

Jacob Price added, “From listing to closing, the entire transaction wrapped in just over 60 days, which speaks to both the appeal of the asset and the momentum in the market right now.”

Click here to read the full story by RE Business Online 

Click here to read the full story by Bisnow

Click here to read the full story by Chicago Business Journal

Author:

Kiser Group Staff