**Joint Venture Completes Auburn Gresham Affordable Housing Project**
Evergreen Real Estate Group, Imagine Group, and KLEO Enterprises have officially completed the Auburn Gresham Apartments, a new two-building, 58-unit affordable housing development located on Chicago’s South Side.
The project is the result of a collaborative joint venture between Evergreen and Imagine Group, in close partnership with KLEO Enterprises, the Chicago Department of Planning and Development, and the Chicago Department of Housing.
“The investments we are seeing today on the South Side will ensure that Chicago continues to grow and thrive not just today but for generations to come,” said Chicago Mayor Brandon Johnson. “We want to continue to attract people, businesses, and jobs to Chicago, particularly to our South and West Sides, and these projects in Auburn Gresham are an important step forward for our city.”
The Auburn Gresham Apartments consist of two mixed-use buildings. One is a three-story structure with 28 one- to three-bedroom apartments, 28 parking spaces, and approximately 5,200 square feet of retail space. The second building is a five-story structure housing 30 one- to three-bedroom apartments, 14 parking spaces, and 3,300 square feet of commercial space.
In other news, the Lifetime Achievement Award Presentation and Keynote Interview with Greg Mutz, Chairman & CEO of Amli Residential Partners, LLC, along with Keynote Interviewer Fred Schreiber, Chief Operating Officer, will take place at Connect Midwest Multifamily on June 4, 2025. The event will be held at The Midland Hotel in Chicago, IL. Register today to network with other industry professionals.
