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Affordable housing group buys Burnham Manor, Schoolhouse apartment buildings in Elgin for $11.1M

June 14, 2019

The Burnham Manor and the Burnham Wing Schoolhouse Apartments in Elgin have been purchased by a nonprofit group committed to preserving their historical features and their use as affordable housing.

The Chicago branch of the Preservation of Affordable Housing spent $9.1 million to acquire Burnham Manor at 1350 Fleetwood Drive and $2 million for Burnham Wing building at 260 Center St., Vice President Bill Eager said. Both were owned by Chicago-based Burnham Management Co.

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