Kiser Group Arranges Chicago Condo Deconversion Sale

1319 W. Sherwin Ave. Image courtesy of Kiser Group

Kiser Group has brokered the $3.5 million Section 15 deconversion sale of 1319 W. Sherwin Ave., a 28-unit building in Chicago’s Rogers Park neighborhood. Advisors Andy Friedman, Jake Parker, Danny Logarakis and Rick Ofman represented the buyer, a private investor, as well as The 1319 West Sherwin Condominium Association.

The three-story building was constructed in 1962 as an apartment community and includes 16 one- and 12 two-bedroom units. After acquiring the property in 2008 in a deal brokered by Kiser, the new owner transformed the apartments into condos.

The asset is located at 1319-27 W. Sherwin Ave., just off the North Sheridan Road retail corridor. The property is 11 miles north of downtown Chicago, a short distance from Lake Michigan and the Jarvis station on the El’s Red Line.

The association put the property up for sale three years ago. According

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The Boulder Group Arranges Sale of Net Leased Dollar General in Indiana

The MarketWatch News Department was not involved in the creation of this content.

Nov 02, 2020 (AB Digital via COMTEX) —
The Boulder Group, a net leased investment brokerage firm completed the sale of a single tenant Dollar General located at 2828 Central Avenue in Lake Station, Indiana for $1,062,000.

The 9,014 square foot property is strategically located just off of Interstate 94 (83,700 VPD), which connects Lake Station to Chicago. The property is ideally positioned along a primary east-west thoroughfare and near retailers including Chase, Walgreens, Burger King and Dunkin Donuts. This property boasts rare high populations for a dollar general site with approximately 50,000 people living within three miles and over 100,000 people living within five miles of the site. Additionally, the property is located in close proximity to Edison Junior Senior High School (622 students) which drives continual traffic to the corridor.

Randy Blankstein and Jimmy Goodman

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