Spring Grove Apartments

Location:

4554 S Drexel Blvd. Chicago, IL

Community:

Spring Grove Apartments offers apartments homes for low income families in the Grand Boulevard area of Chicago. The property is located along S. Drexel Blvd. and several parks, which offer green space for residents to enjoy. It contains on-site laundry and nearby parking for residents.

Community Served:

101 Family Apartments Section 8 apartments

Total project cost: $13,089,643 CFIC Mortgage / HUD Restructuring Mortgage / HUD Contingent Repayment Mortgage / HUD Flex Subsidy Mortgage / HUD Residual Receipts Mortgage

Developer/Role:

Ginosko Development Company (2010-2011) Acquisition | Financing | Construction Oversight | Asset Management | Resident Engagement | Development Team Formation and Administration

Owner Entity:

Harvin-SG, LLC

Development Team:

Ginosko Development Company | KMG Prestige, Inc. | Hooker DeJong Architects | Walsh Construction | Loomis