Development team announces closing of Grace Manor Apartments

The affordable development already has permits issued for construction.

The Chicago Department of Housing in collaboration with the Chicago Housing Authority and developers East Lake Management and Grace at Jerusalem CDC have announced the closing of Grace Manor Apartments. Currently a parking lot for the local 10th District police station, the project site fronts W. Ogden Ave spanning from S. Homan Ave to S. Trumbull Ave.

Addressed at 3401 W. Ogden, the mixed-use building will stand six floors, holding 65 affordable housing units and ground floor retail space. The residential unit mix will deliver 46 apartments marketed at 60% AMI, including 22 one-beds and 24 two-bed configurations. The remaining 19 rentals will be fulfilled under the CHA RAD program, offering 9 one-beds and 10 two-bedroom units.

Tenant amenities will include a fitness center, laundry, rooftop terrace, package room, computer room, and on-site management. 18 car parking spaces and a bike room will also be provided.

With a design from JGMA, the building is oriented to connect with the street at the edges, while folding back to create an open plaza along the streetscape. Creating relief along the urban edge, the exterior plaza welcomes people and residents to the building. Rising 72 feet, the building sets back further from the street above the ground floor, giving prominence to the ground floor while also giving space for balconies on the upper floors.

The affordable project is funded with assistance from DPD, DOH, and CHA, including 5.5 million in TIF funding. With the development team closing on the project financing and permits already issued, general contractor Burling Builders Inc can begin construction imminently. Completion is expected for some time in 2025.