
KLEE PLAZA AT SIX CORNERS
Rehabilitation and conversion of the historic 5-story, “flatiron” style Klee Building, plus new-construction of two adjoining structures, into 64 condominium units, 69 indoor parking spaces, and 19,950 square feet of retail/commercial space
PROJECT TYPE: | For-Sale Housing
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DEVELOPERS: | Poter Construction & Development Company and SEJ Development, Inc.
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GENERAL CONTRACTOR: | Poter Construction & Development Company
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ARCHITECT: | Pappageorge/Haymes Ltd.
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INVESTOR FUND: | Community Reinvestment Fund 2003 L.P.
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PROJECT OWNER: | Chicago Klee Six Corners Poter/CRF Member L.P.,
as member of
Chicago Klee Development, LLC and Six Corners, L.L.C.
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ADDRESS: | 4001-27 North Milwaukee Avenue / 4022-32 North Cicero Avenue, Chicago, Illinois
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NEIGHBORHOOD: | Portage Park
Located in Middle-Income census tract (at time of initial investment)
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NUMBER OF BUILDINGS: | 3 interconnected structures
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TOTAL NUMBER OF
RESIDENTIAL UNITS: | 64
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UNIT TYPES: | 31-2 Bedroom/2 Bath
1-1 Bedroom/Den/1 Bath
32-1 Bedroom/1 Bath
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AFFORDABILITY: | 13 units (5% of total) initially projected to be
affordable to moderate-income homebuyers
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TOTAL COST: | $17,260,475
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CRF CAPITAL (net to project): | $ 720,000
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