SHOEMAKER OFFICE CENTER

Construction of approximately 6,368 net rentable square feet of office space plus approximately 1,612 square feet of office-related common area and allocated lobby space as well as approximately 17 deeded parking spaces, all as part of larger rehabilitation/conversion of former Florsheim Shoe factory.

PROJECT TYPE:

Commercial Property;
New Markets Asset

DEVELOPER:

Dubin & Associates, Inc./Dubin Residential/Dubin Commercial

GENERAL CONTRACTOR:

Dubin Commercial

ARCHITECT:

Hartshorne + Plunkard, Ltd.

INVESTOR FUND:

ComReinvest V LLC

PROJECT OWNER:

Shoemaker Office Investments LLC

ADDRESS:

3963 West Belmont Avenue
Chicago, Illinois

NEIGHBORHOOD:

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

NUMBER OF BUILDINGS:

1

TOTAL NUMBER OF COMMERCIAL UNITS:

10 (may be combined)

UNIT TYPES:

10 small office suites ranging from 329 to 1,110 square feet

TOTAL COST:

$1,693,000

CRF CAPITAL
(net to project):

$838,000

For more information please visit: www.dubinresidential.com