CHICAGO, IL - Kiser Group’s Principal Managing Broker, Lee Kiser recently closed on a $3.15 million affordable housing transaction in Chicago’s Belmont-Cragin neighborhood. The property at 3216 N. Cicero Ave, The Elinor, is one of the only SRO buildings remaining in the neighborhood.
SRO properties allow low-income families the opportunity to rent single room occupancy housing. Lee Kiser provides details about the SRO policies in Chicago. “The Elinor Hotel is being sold.
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