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NORTH ST. LOUIS AVENUE AT WEST AINSLIE STREET
4855-59 North St. Louis Avenue 3449-51 West Ainslie Street, Chicago, Illinois
Rehabilitation Cost: $25,000 (1975)
This 16-unit building was half vacant at the time of purchase. All of the apartments were rehabbed with modern bath fixtures and kitchen areas. The building received a new roof, tuck-pointing, porches, boiler, and electrical systems. And new landscaping improved the building's aesthetics. Performed without secondary financing.
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