PROJECT TYPE:

For-Sale Housing

DEVELOPER:

RDM Development and Investment, LLC

GENERAL CONTRACTOR:

ALKO Construction, Inc.

ARCHITECT:

ALKO Construction, Inc.
Mann, Gin, Dubin & Frazier

INVESTOR FUND:

SLRDM 7400 South Rockwell Development, LLC

PROJECT OWNER:

SLRDM 7400 South Rockwell Development, LLC

ADDRESS:

7400 Blocks of
South Rockwell Street,
South Talman Avenue,
South Washtenaw Avenue,
South Fairfield Avenue,
South California Avenue, and
South Mozart Street,
Chicago, Illinois

NEIGHBORHOOD:

Chicago Lawn/Marquette Park
Located in Moderate-Income census tracts (at time of initial investment)

TOTAL NUMBER OF RESIDENTIAL UNITS:

139

UNIT TYPES:

139 – 3 Bedroom, 2.5 Bath single family homes with detached 2-car garages

NUMBER OF BUILDINGS:

Multiple

AFFORDABILITY:

28 units (20.1% of total) initially projected to be affordable to moderate-income homebuyers

TOTAL COST:

$48,042,341

CRF CAPITAL
(net to project):

$1,800,000