PROJECT TYPE:

For-Sale Housing

DEVELOPERS:

Finnegan Development, Inc.

GENERAL CONTRACTOR:

Walsh Construction Company

ARCHITECT:

Atul Karkhanis Architects, Ltd

INVESTOR FUND:

Community Reinvestment Fund 2000 L.P.

PROJECT OWNER:

Gunnison Lofts, LLC

PROPERTY ADDRESS:

4840 North Broadway Chicago, Illinois

NEIGHBORHOOD:

Uptown
Located in a Moderate-Income census tract (at time of initial investment)

NUMBER OF BUILDINGS:

1

TOTAL NUMBER OF RESIDENTIAL UNITS:

22

UNIT TYPES:

4-2 Bedroom/1 Bath
2-2 Bedroom/Den/2 Bath
3-2 Bedroom/2 Bath
1-1 Bedroom/1 Bath
4-2 Bedroom/1.5 Bath
2-2 Bedroom/2.5 Bath
2-2 Bedroom/Den/2.5 Bath
2-3 Bedroom/2 Bath
1-3 Bedroom/2.5 Bath
1-3 Bedroom/3 Bath

AFFORDABILITY:

5 units (23% of total) initially projected to be affordable to moderate-income homebuyers

COMMERCIAL SPACE:

12,300 square feet

TOTAL COST:

$8,720,737

CRF CAPITAL
(net to project):

$ 702,000