The Washington at Woodlawn Park
6154 South Rhodes Avenue
Chicago, IL 60637
The Washington at Woodlawn Park comprises sixteen vintage apartment buildings in the Woodlawn and Washington Park neighborhoods. In the aftermath of the real estate crash, POAH worked with the City of Chicago and Mercy Portfolio Services to invest HUD Neighborhood Stabilization Funds in the acquisition and renovation of eleven walk-up buildings that were vacant and in disrepair. The Community Investment Corporation provided construction and permanent financing and POAH worked with Elevate Energy to install solar thermal panels and other energy efficiency measures in the building. POAH acquired another five troubled buildings throughout the neighborhood in the subsequent years and refinanced the 16-building portfolio in 2017 to streamline financing costs, secure long-term project-based rental assistance, capitalize repairs, and invest further in the quality of life and curb appeal at the buildings.
The units at The Washington have either project-based rental assistance or serve renters up to 120% of AMI.
The Washington is another phase of POAH's revitalization of Woodlawn into a vibrant, healthy and attractive mixed-use/mixed-income urban community containing a variety of distinctive structures combining residential, commercial and recreational uses and driving the economic revitalization of Chicago's Woodlawn community just south of the University of Chicago.
The Washington properties:
5615 South Prairie Avenue
6156-58 South Vernon Avenue
6200-04 South Vernon Avenue
6211 South Vernon Avenue
6154-6 South Rhodes Avenue
6200-06 South Rhodes Avenue
6152-58 South Eberhart Avenue
6153-59 South Eberhart Avenue
6201-03 South Eberhart Avenue
6153-59 South Lawrence Avenue
6157 South Evans Avenue
6418 South Maryland Avenue
6456 South Maryland Avenue
6323 South Ingleside Avenue
6428 South Ingleside Avenue
6350-8 South Kimbark Avenue