Kiser Group Brokers John George and Joe Bianchi Close Three Record-Breaking Deals in Chicago

Kiser Group proudly announces the successful closing of three landmark real estate transactions by brokers, John George and Joe Bianchi. These closings mark significant milestones in the Chicago real estate market, showcasing the expertise and dedication of Kiser Group’s top brokers.

The first property, located at 11026 S. Prospect, achieved a record-breaking price per unit in Morgan Park at $120,000 per unit, totaling $1,200,000. This well-maintained building, situated in a prime location across from the 111th/Morgan Metra Train Station, offers easy access to downtown Chicago and is adjacent to the scenic Bohn Park and Morgan Park High School. With a 100% occupancy rate, this property presents a lucrative investment opportunity in a thriving neighborhood.

The second property, 1759 W. 95th, closed at $1,225,000, showcasing the allure of Beverly’s prime location. This mixed-use building, featuring nine apartments and eight retail spaces, attracted an out-of-state buyer drawn to the area’s suburban charm and excellent transportation access, including the nearby 95th/Beverly Hills Metra Train Station.

Lastly, the property at 13447 S. Houston, with a closing price of $590,000, presents an attractive opportunity in Hegewisch. Boasting 100% occupancy and recent renovations, this property’s proximity to nature attractions like Beaubien Woods Forest Preserve and Lake Michigan, coupled with easy access to downtown via the Hegewisch Metra Station, makes it an ideal investment for discerning buyers.

“These closings reflect the robust demand for quality real estate investments in Chicago’s South and Southwest neighborhoods,” said John George, Broker at Kiser Group. “Each transaction underscores the value of well-maintained properties in convenient locations, offering investors and tenants alike an exceptional product.”

These properties fall within mobility areas designated by the Chicago Housing Authority (CHA), offering attractive housing solutions to tenants and providing additional benefits such as apartment search support and a $500 grant for move-in expenses.

In addition to these successful closings, John George and Joe Bianchi have facilitated nine transactions in Morgan Park and Beverly in the past year, each setting new record prices per unit in these areas. Their expertise in navigating Chicago’s real estate landscape has positioned them as leaders in the industry.

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Kiser Group Staff