Kiser Group Brokers Andy Friedman and Jake Parker Close $3.875M Bulk Condo Sale in Rosemont

Kiser Group is pleased to announce the successful sale of 35 condominium units in a bulk transaction located in Rosemont, Illinois. The deal, totaling $3,875,000, was brokered by Kiser Group’s Partner, Andy Friedman and Senior Director, Jake Parker.

With 97% occupancy at the time of sale, the transaction represents a rare opportunity for a local investor to acquire a value-add asset in a highly sought-after, low-supply submarket. The centrally located property offers convenient access to O’Hare International Airport, Rivers Casino, the Rosemont Fashion Outlets, and a growing mix of traditional shopping and dining options.

“Bulk condominium transactions are uncommon, especially in a market like Rosemont, where multifamily properties rarely trade,” said Friedman. “The buyer recognized the potential of both the real estate and the location.”

The property hit the market in August 2024 and closed on April 10, 2025. While multiple sellers were involved, the buyer was a local investor attracted by Rosemont’s continued transformation into a true live-work destination beyond its legacy as a travel and entertainment hub.

“This sale highlights the kind of creative dealmaking that can happen when a buyer is willing to take on a unique ownership structure,” added Parker. “The investor was comfortable navigating the intricacies of owning part of a condo building and having other “business partners” in exchange for uniquely positioned real estate.”