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Kiser Group Advises on $2.26 Million Condominium Deconversion Project in West Ridge Neighborhood of Chicago, Illinois


CHICAGO, IL - Kiser Group, Chicago’s leading multifamily brokerage firm, advised the Estes Villa Condominium Association through a Section 15 deconversion sale. The 16-unit building at 2641 W Estes Ave. in the West Ridge neighborhood sold for $2.26 million. Advisors Andy Friedman and Danny Logarakis represented the Estes Villa Condominium Association in the sale as well as the buyer, Block and Key, LLC.
“We are pleased to have led another successful deconversion,” said Friedman. “Estes Villa went through a prior sale attempt that failed, and the association was jaded from the experience. Our hands-on approach with all unit owners resulted in a near-unanimous acceptance of the contract and a seamless process from start to finish.” ....

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