ROOSEVELT & PULASKI

New-construction of approximately 29,270-square-foot, multi-tenant, single story strip shopping center

PROJECT TYPE:

Commercial Property

DEVELOPER:

Urban Investment Trust, Incorporated, The New City Group, Inc. and R.E.G. Development Corporation

GENERAL CONTRACTOR:

Urban Construction Company/Urban Retail Construction

ARCHITECT:

Otis Associates, Inc.

INVESTOR FUND:

Community Reinvestment Fund 1997 L.P.

PROJECT OWNER:

Roosevelt & Pulaski Limited Partnership

ADDRESS:

4000-98 West Roosevelt Road, Chicago, Illinois

NEIGHBORHOOD:

North Lawndale
Located in Low-Income census tract (at time of initial investment)

NUMBER OF BUILDINGS:

1

TENANTS:

Community Bank of Lawndale 2,500 sq. ft.
Hooks Fish 2,809 sq. ft.
Beauty Supply 3,406 sq. ft.
Subway 1,399 sq. ft.
Foot Locker 2,808 sq. ft.
Nail Salon 1,403 sq. ft.
J Bee Clothing 4,788 sq. ft.
Family Dollar 9,000 sq. ft.

MIX OF UNITS:

29,270 sq. ft. of retail space – 100% Leased

TOTAL COST:

$3,185,511

CRF CAPITAL
(net to project):

$ 710,511