ELLINGTON PLACE

Rehab and conversion of vacant apartment building into 22 condominium units plus 24 outdoor parking spaces

PROJECT TYPE:

For-Sale Housing

DEVELOPER:

Brinshore Development, LLC

GENERAL CONTRACTOR:

BCM, L.L.C.

ARCHITECT:

Tjaden Architects AIA

INVESTOR FUND:

Community Reinvestment Fund 2000 L.P.

PROJECT OWNER:

Ellington Place Limited Partnership

ADDRESS:

1017-23 East 46th Street, Chicago, Illinois

NEIGHBORHOOD:

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

NUMBER OF BUILDINGS:

1

TOTAL NUMBER OF RESIDENTIAL UNITS:

22

UNIT TYPES:

3-1 Bedroom 1 Bath
9-2 Bedroom 1 Bath
2-2 Bedroom 2 Bath
8-3 Bedroom 2 Bath

AFFORDABILITY:

12 units (55% of total) initially projected to be affordable to moderate-income homebuyers

TOTAL COST:

$3,057,078

CRF CAPITAL
(net to project):

$ 495,000

For more information please visit: www.brinshore.com