Noah Birk

Chicago IL Commercial Sale for Sale

* 11.08% In-Place Cap Rate * Gross Income (w/ 5% vacancy): $70,338 * NOI: $42,103 * New 400 Amp Electrical ServiceKiser Group is pleased to exclusively present for purchase 7157 S. Eberhart, an eight unit walk up building in Chicago's Grand Crossing neighborhood. The subject site sits less than one (1) block away from the 71st & Eberhart bus stop, and just blocks away from Chicago's 69th "El" train stop. Additionally, the property sits right between the I-94 Express and I-90 interstate which both provide for a quick and easy commute to Chicago's Downtown.7157 S. Eberhart has a unique unit mix and is comprised of two (2) 3Bd/2Ba units, one (1) 2Bd/1Ba unit, one (1) 1Bd/1Ba unit, and four (4) 0/1Ba studios. All of which have hardwood flooring throughout and boast an open style concept with updated kitchens and bathrooms. Additional improvements to the building consist of, but not limited to: 400 amp electric service, updated copper plumbing, newer windows, newer porches, and newer lintels.

Chicago IL Residential Income for Sale

Kiser Group is pleased to exclusively offer for purchase 4527 S. Evans, an absolutely beautiful three (3) unit Greystone located in Chicago's highly coveted Bronzeville neighborhood. Over the years, Bronzeville has seen a surge in demand and development. With easy access to Chicago's Downtown and close proximity to Hyde Park, Bronzeville has quickly become one of the most desirable neighborhoods for both renters and homeowners in Chicago's South Side.Built in 1895 and completely restored just years ago, 4527 S. Evans consists of an incredibly attractive unit mix featuring two (2) 3b/2ba units, and one (1) 4b/3ba unit. All of which, however, have been meticulously designed and completely rehabbed. Furthermore, each unit is equipped with modern designs and sleek kitchens and baths. Additionally, all of the units are equipped with in-unit washer and dryers. In addition to the high end, condo-like finishes, recent improvements to the building consist of, but not limited to: a full update to the buildings electric, all new plumbing, HVAC, windows, masonry and tuckpointing, as well as a beautiful steel porch.4527 S. Evans offers an investor or owner occupant the perfect opportunity to acquire a positive, cash-flowing asset or option to live 'rent free' with an incredibly low expense structure. From day one, the asset 's next owner will inherit a fully occupied property with 0 vacancies over the years and realize an in-place 7.24% cap rate. Furthermore, and by stabilizing the long term, under market rents to market rate levels, there is an opportunity to achieve over a 7.5% cap rate along with a double digit yearly return on investment of nearly 15%.

Chicago IL Commercial Sale for Sale

6605 S. Kimbark is a gut renovated eight (8) unit, center-entrance walkup located just outside Hyde Park in Chicago's East Woodlawn neighborhood. The property is nestled amongst new construction developments on all sides and is located just blocks from the prestigious University of Chicago. Additionally, the asset sits just blocks away from the construction site of the future Obama Presidential Library,6605 S. Kimbark has an incredibly desirable unit mix comprised of eight (8) 2Bd/2Ba units. All of which have been gut renovated with high end finishes including granite countertops, stainless steel appliances, dishwashers, in-unit laundry, and modern bathrooms. In addition to its cosmetic finishes, the building also features individual furnaces & hot water tanks, updated electric, and a brand new porch (2021).6605 S. Kimbark offers an investor the rare opportunity to acquire a cash flowing asset in one of Chicago's fastest growing and rapidly expanding neighborhoods. From day one, an investor will realize an in place cap rate over 8% and a cash return of 9.35%. While the area continues to develop and rents continue to rise, through releasing and increasing rents to updated market levels, an investor could further improve cash returns.

Chicago IL Commercial Sale for Sale

7363 S. Coles is an incredibly Beautiful (9) unit property located in Chicago's South Shore neighborhood. Right off of Lake Michigan and Rainbow Beach Park, the building sits within walking distance of an abundance of public transportation options. Additionally, for quick and convenient transportation, the asset is nearby to Chicago's Lake Shore Drive which provides tenants easy access to Chicago's downtown in roughly fifteen minutes.7363 S. Coles is currently comprised of nine (9) spacious 2b/1ba units. All units feature hardwood flooring throughout as well as updated tiling and fixtures in the bathroom. Furthermore, additional improvements to the building consist of but are not limited to, updated electric, an updated and newly coated roof, and laundry available to all tenants. Given the location and quality of the units, there is an incredibly large demand for apartments such as these.7363 S. Coles presents an investor with a unique opportunity to acquire a strong, positive cash-flowing building with an in-place cap rate of over 8.2%. Given the quality of the units coupled with the prime location, by releasing and increasing rents to levels already being achieved in the building, an investor could further improve cash returns.

Chicago IL Commercial for Sale

3064 E. 79th is an incredibly spacious (9) unit property located in Chicago's South Shore neighborhood. Right off of Lake Michigan and Rainbow Beach Park, the building sits within walking distance of an abundance of public transportation options. Additionally, for quick and convenient transportation, the asset is nearby to Chicago's Lake Shore Drive which provides tenants easy access to Chicago's downtown in roughly fifteen minutes. 3064 E. 79th is currently comprised of nine (9) Oversized 2b/1ba units. The units all feature hardwood flooring throughout and updated tiling in the kitchen. Furthermore, additional improvements to the building consist of but are not limited to, updated electric, newer windows, an updated and newly coated roof, separate and individual HVAC furnaces, and a paved parking lot in the rear. Given the location and size of the units, there is an incredibly large demand for apartments such as these. 3064 E. 79th presents an investor with a unique opportunity to acquire a strong, positive cash flowing building with an in-place cap rate of over 8.2%. Given the quality of the units coupled with the prime location, by releasing and increasing rents to levels already being achieved in the building, an investor could increase the cap rate to just under 10.00%.

Chicago IL Commercial for Sale

7800 S. Coles is a beautiful eleven (11) California-style building located in Chicago's historic South Shore Neighborhood. Right off of Lake Michigan and Rainbow Beach Park, the building sits within walking distance of an abundance of public transportation options. Additionally, for quick and convenient transportation, the asset is nearby to Chicago's Lake Shore Drive which provides tenants easy access to Chicago's downtown in roughly fifteen minutes. 7800 S. Coles is comprised of five (5) 1b/1ba and six (6) 2bd/1ba. The units all feature hardwood flooring throughout and updated LVP flooring where necessary. Furthermore, additional improvements to the building consist of but are not limited to, in-unit HVAC, all copper plumbing, an updated roof, laundry access for tenants, and a paved parking lot in the rear. 7800 S. Coles presents an investor with a unique opportunity to acquire a strong, positive cash-flowing building with an in-place cap rate of over 8.2%. Given the quality of the units coupled with the prime location, by releasing and increasing rents to levels already being achieved in the building, an investor could further improve cash returns.

Chicago IL Home for Sale

7345 S. Calumet Ave is a meticulously maintained four (4) unit building nestled in the vibrant Chicago community of Greater Grand Crossing. Offering a blend of modern amenities and timeless charm, this property presents an excellent opportunity for investors or owner-occupants seeking a solid income-generating asset. 7345 S. Calumet is comprised entirely of 3Bd/1Ba units, each of which boasts thoughtfully designed floor plans with comfortable living spaces and modern finishes. Bright and airy interiors are accentuated by a charming sunroom, providing an additional versatile space that can be used as a home office, reading nook, or simply a cozy spot to enjoy the sunlight. Alongside the sunrooms, units feature multiple bedrooms, updated bathrooms, and spacious living areas, providing ample space for residents to relax and entertain. Contemporary kitchens are equipped with standard appliances and ample cabinet space. With four separate units, this property presents a lucrative investment opportunity for discerning buyers. Whether you choose to rent out all units for maximum rental income or occupy one unit while renting out the others, the potential for positive cash flow is evident - from day one, investors can achieve a cap rate of over 7%. Greater Grand Crossing's strong rental market and desirable location make this property a sound addition to any investment portfolio.

Chicago IL Commercial Sale for Sale

1444 E. 67th Pl is a recently updated six (6) unit walk-up located on a quiet, tree lined street just outside of Jackson Park. The subject site sits just blocks away from South Shore's Stony Island train stop, the Jackson Park Golf Course, and steps from the developing Obama Presidential Library. Conveniently, the building is situated amongst an assortment of shopping and grocery selections. 1444 E. 67th Pl. is entirely composed of six (6) 3bd/1ba units, all of which are spacious and contain an abundance of natural light, as well as front balconies providing the tenants with an additional desirable feature. Currently, four (4) of the units have recently been updated with refinished floors, granite countertops, new appliances, along with modern and updated bathrooms. The last two (2) apartments are currently occupied by long term tenants who have called the building home for 15+ years. Furthermore, the building includes five (5) garage spots in the rear. Current ownership is not presently capitalizing on the garage, but similar enclosed garage spots are renting for $100/spot per month. 1444 E. 67th Pl. presents a unique opportunity to acquire a positive, cash-flowing asset in one of Chicago's most rapidly growing neighborhoods. From day one, an investor will realize an in-place cap rate of 9.09%. However, by updating the remaining two (2) units, stabilizing rents to market rate levels, and monetizing the available parking, an investor could achieve a cap rate of over 12%.

Chester IL Commercial for Sale

6557 S. Minerva is a rarely available ten (10) unit walkup located just outside of Hyde Park in Chicago's East Woodlawn neighborhood. The property is located just blocks from the prestigious University of Chicago and the construction site of the future Obama Presidential Library, 6557 S. Minerva is comprised of five (5) 2Bd/2Ba, four (4) 3Bd/2Ba, and one (1) 3Bd/3Ba units. During a complete gut rehab in 2004, all four (4) first floor units were duplexed down and the building was deconverted from twelve (12) to ten (10) units to create two (2) penthouse apartments by consolidating the third floor units in both tiers. All units feature incredibly spacious layouts with updated kitchens and baths. Throughout the years, the building has undergone extensive renovations consisting of, but not limited to: 100% copper plumbing, new electric service w/ in-unit breaker boxes, individual furnaces & hot water tanks, in-unit washer and dryers, and an abundance of cosmetic updates. 6557 S. Minerva presents an investor with the opportunity to acquire a rarely available and highly desirable building in one of Chicago's best neighborhoods. From day one, a new owner will benefit from an incredibly stable and long-term tenant base. However, with most of the building's current rents being substantially below current market levels-there is a tremendous amount of value to be added solely by stabilizing rents to levels already being achieved in the building.

Chicago IL Commercial for Sale

6830 S. Jeffery is a seven (7) unit walk-up building located just one block away from Jackson Park in Chicago's South Shore neighborhood. Over the past few years, Jackson Park has seen a resurgence in new developments due to its proximity to Lake Michigan, as well as Chicago's Downtown, most notably with the construction of the Obama Presidential Library. Given the assets location, there are a number of public transportation options to and from Chicago's Downtown providing tenants with quick, easy, and affordable transportation options. 6830 S. Jeffery is comprised of seven (7) total units. Currently, the building consists of six (6) incredibly spacious 3bd/3ba units boasting nearly 2,500 square feet of living space, as well as one (1) newly finished 1bd/1ba garden unit. All of which, however, are heated and cooled via separate and individual in-unit HVAC units. Additional updates include copper plumbing throughout the entire building, a roof tear off six (6) years ago, and a new silver coating placed this year. 6830 S. Jeffery presents an investor with the opportunity to acquire a rarely available and highly desirable building in one of Chicago's fastest growing neighborhoods. From day one, a new owner will benefit from an in-place cap rate of over 8% and a cash-on-cash return of over 10%. Solely through raising rents to figures already being achieved in the building, and/or through further rehabbing the remaining units, an investor can realize a pro-forma cap rate of over 9%.

Chicago IL Commercial for Sale

439 E. 111th Pl is a six (6) unit walk-up located in Chicago's historic Roseland neighborhood. The building sits on the corner of a quiet, tree-lined street one (1) block away from the premier Gwendolyn Brooks College Preparatory campus and one (1) block east of Palmer Park, which features sporting facilities, a fitness center, and an outdoor swimming pool. 439 E 111th Pl is solely comprised of six (6) spacious 2bd/1ba units. Each apartment features renovated kitchens & baths and separate living & dining rooms with hardwood floors throughout. Recent improvements to the building include, but are not limited to, individual furnaces, newer kitchens & baths, refinished hardwood floors, and an abundance of masonry and tuckpointing work. 439 E. 111th Pl presents an investor with the opportunity to acquire a stable, fully occupied asset with an in-place cap rate of 10.4%. Solely through bringing all units up to market rate levels, a new owner could achieve a cap rate of over 13.1% and a cash return of 29.69%

Chicago IL Home for Sale

Chicago IL Commercial Sale for Sale

7940 S. Elizabeth, a center-entranced six (6) unit walk-up in the Gresham neighborhood of Chicago's south west side, with a unique unit mix and strong rental base. Comprised solely of six (6) spacious 3b/1ba units, all units feature a large living room and a formal dining room both of which can be used or converted to an additional bedroom. Each of the units boasts roughly 1,200sf of living space and are equipped with newly varnished hardwood flooring throughout. Improvements to the building consist of, but not limited to: a new 400amp electric service, new windows, a new tear-off roof, updating copper plumbing (horizontals), as well as updated and renovated units. Building is 100% occupied with CHA subsidized tenants. Elizabeth provides an investor with a rare opportunity to acquire a stabilized, violation-free, strong cash flowing asset. The new owner will capitalize on a strong, subsidized tenant base, and will realize an in place cap rate of 12% and a COC return of roughly 29%.