PROJECT TYPE:

For-Sale Housing

DEVELOPER:

Holsten Real Estate Development Corporation

GENERAL CONTRACTOR:

Linn-Mathes Inc.

ARCHITECT:

FitzGerald Associates Architects, Inc.
Smith & Smith Associates, Inc.

INVESTOR FUNDS:

Community Reinvestment Fund 2005 LLC
ComReinvest V LLC

PROJECT OWNER:

Parkside Old Town I, LLC

ADDRESS:

437 W. Division St. / 1159 N. Hudson St.
511 W. Division St. / 1159 N. Cambridge Ave.
1151 N. Hudson St.
420-44 W. Elm St.
1142-54 N. Hudson St.
462-76 W. Elm St.
1152 N. Cleveland Ave.
500-14 W. Elm St.
1141-53 N. Cambridge Ave.
1154 N. Cambridge Ave.
528-50 W. Elm St.
Chicago, Illinois

NEIGHBORHOOD:

Near North Side / Cabrini-Green
Located in a Low-Income census tract
(at time of initial investment)

NUMBER OF BUILDINGS:

11

TOTAL NUMBER OF RESIDENTIAL UNITS:

207

UNIT TYPES:

68 - 1 Bedroom Condos
89 - 2 Bedroom Condos
4 - 3 Bedroom Condos
46 - Townhouses

AFFORDABILITY:

14 units (7% of total) initially projected to be affordable to moderate-income homebuyers

TOTAL COST:

$87,370,356

CRF CAPITAL
(net to project):

$3,600,000