Isiah Thomas, the retired Hall of Fame basketball player, has bought an apartment building near Main Street in Evanston, his real estate group announced Friday.
The 6-year-old property, 525 Kedzie St., has 20 residential units, 42 parking spaces and two commercial spaces. Isiah International, the Chicago-based investment company led by Thomas, has recruited TAND Properties to manage the building.
“I am excited about this new business endeavor and look forward to being a part of the Evanston community which is so close to my hometown Chicago where I am deeply involved in the business and philanthropic community,” Thomas said in a news release.
Thomas played point guard for the Detroit Pistons from 1981 to 1994, during which he was named an NBA All-Star 12 times. Over the past 13 years, he has coached the Indiana Pacers, New York Knicks and the men’s basketball team at Florida International University.
— Patrick Svitek