Real Estate Portfolio

Fox Valley Apartments

Multiple Locations

Fox Valley Apartments

Multiple Locations

This affordable workforce housing development encompasses two sites in the City of Aurora known as the Todd school and Lincoln school.

Todd Elementary – 100 Oak Ave, Aurora, IL 60506

The Todd school is located at 100 Oak Avenue which is just northwest of downtown Aurora. The 25,000 square foot building was originally constructed in the early 1900s and was added on in the 1970s/1980s. When complete, the renovated building will contain 11 units of housing. In addition, a small part of the existing building will include a health clinic for low-income families in the area.

Lincoln Elementary – 641 S. Lake St, Aurora, IL 60506

The Lincoln school is located at 641 S Lake St, which is just southwest of downtown Aurora. This 39,000 square foot building was originally constructed in the late 1800s and early 1900s. The scope of work on this site includes the extensive renovation of the existing school building into 14 housing units. This site has excess land and consequently a new two-story, 28,000 square foot newly constructed building will be built on this site and will contain 22 housing units.

Of the 47 total units, at least 30% will be for renters at 30% of area median income. The total development cost is expected to be $22 million.

In the News

Property Type:

Affordable Housing Historical Redevelopment Residential

Services Utilized:

Affordable & Workforce Housing Construction Management Property Acquisition & Development Property Management

Property Website:

N/A

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