Location: Chicago, Illinois
Size: 110 units
Ansonia recognized the durable advantages of this location and the opportunity to invest with scale in a revitalizing infill area. These mid-rise buildings with 110 apartments represent an ideal transit-oriented development—located down the block from the newly renovated Morse Red Line station—and within easy walking distance of Chicago’s lakefront and Loyola University. Restaurants, shops, theaters and a Farmer’s Market are prospering around the “L” station and offer an appealing mix of services and urban vitality that attracts residents. Combining these properties under common management with another nearby asset enabled Ansonia to implement on-site staffing and realize efficiencies of scale while also providing improved resident service.