M. Fishman & Co., a Chicago-based multifamily property owner, has named Pioneer Realty Group as the exclusive leasing agent for 5417 N. Kenmore, a 72-unit multifamily residential community located in Chicago’s Uptown neighborhood.
At the time of the announcement, the property that exclusively features studio residential units was approximately 90% leased. Units in the six-story vintage apartment building, developed in 1929, are priced ranging from $895 to $1,095. Currently, the average rental rate for studio apartments in the Uptown neighborhood is $1,260 per month.
“This assignment is a great opportunity to work with an established multifamily owner and property manager,” said Sean Flynt, a co-founder of Pioneer Realty Group and head of its leasing and property management divisions. “Our knowledge of and presence in Chicago’s neighborhoods, including Edgewater/Uptown, will be an advantage as we look fill current and pending vacancies.”
The elevator-serviced building has 12 units per floor. Other features of the building include a basement-level laundry area with card-operated washers and dryers, a package room and storage lockers for each resident.
The property is located one block west of Sheridan Road, in close proximity to the CTA Red Line stop at (Berwyn). It is also close to Du Sable Lake Shore Drive and within blocks of two grocery stores—Jewel and Mariano’s.
At 72 units, the building is one of the larger properties owned and managed by M. Fishman & Co. The company’s holdings generally range from 30-40-unit garden style properties. Many of the company’s buildings are located in the Logan Square neighborhood, near its headquarters.
Pioneer Realty Group, which leases and manages apartment buildings throughout the city, currently is the exclusive leasing agent for more than 1,000 units, ranging from studio apartments to three-bedroom units, located in Lakeview, Logan Square, Edgewater, and Lincoln Square to name just a few neighborhoods.
About Pioneer Realty Group
Founded in 2017, Pioneer Realty Group is a Chicago neighborhood-based real estate firm that represents homebuyers and home sellers, rental property owners and building owners by providing leasing, property sales and property management services. On an almost quarterly basis, the firm hosts PRG Homebuyer University to help first time homebuyers, among others, navigate the various steps in buying a home.