CHICAGO, IL - Kiser Group lists 5139 N. Broadway, a 37-unit mixed-use development on Chicago’s North Side, for $12 million. The listing is being marketed by Advisor Rick Ofman.
“Chicago’s north side market continues to see steady investor interest,” said Ofman. “Located at the epicenter of three of Chicago’s hottest North Side neighborhoods for investments - Uptown, Edgewater and Andersonville, we expect a lot of local and out of state interest in this property.”
This mixed-use development was delivered in 2018 and comprises 36 residential units, and one commercial office space. The unit mix consists of 3 studios, 27 one-bedroom/one-bath, and 6 two-bedroom/two-bath apartments. All units feature high-end finishes including custom cabinetry, quartz countertops and stainless steel appliances.
“Current ownership has taken great care of this property as it is still in like-new condition,” said Ofman. “The apartments are far larger than the average units in the neighborhood, plus they have fantastic layouts which maximize space and light. Demand for these units is through the roof in this market.”
5139 N. Broadway residents have easy access to boutique shops, restaurants and to public transportation via the Red Line stops at Argyle and Berwyn. The location is also two blocks from Lake Shore Drive and the adjacent bike path.
About Kiser Group: Kiser Group is Chicagoland’s leading commercial real estate brokerage firm specializing in the disposition of multifamily, mixed-use and development parcels. Founded in 2005, Kiser Group works with diverse owners and investors to value, market and close commercial properties successfully. The firm’s unmatched combination of experience, market intelligence and track record makes Kiser Group the go-to broker for the Chicago metropolitan area.