Kiser Group Brokers Sale of 930 North Boulevard in Oak Park, Illinois for $8.3 Million

OAK PARK, IL - Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 930 North Blvd., a 48-unit, 7-story property in Oak Park, Illinois, for $8,300,000. Kiser Group’s Matt Halper and Marco Cesario represented the buyer Goldman Investments and Halper represented the seller.

“At $172,916 per door, this is a record-breaking price for an apartment building of this vintage in Oak Park and the near western suburbs rental market. 930 North Blvd. provided a unique opportunity for the buyer due to its location in downtown Oak Park - surrounded by the newer investment grade,” said Broker Matt Halper. “The property, built in the 1960s, had been owned by the same firm for decades and is an appealing value-add investment for the buyer.”

930 North Blvd. features 24 one-bedroom and one-bathroom units and 24 two-bedroom and two-bathroom units. The apartment building also features 31 underground parking spaces and a surface lot with 21 parking spaces.

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.

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