Sunset Woods

Location: Illinois

Type: New Construction
Use: Senior Residential Condominiums
Cost: $8 million
Status: Complete 2002

This oasis of affordable senior housing in the affluent Chicago suburb of Highland Park was made possible with the visionary support of the municipality, which agreed to exchange prime real estate adjacent to its vibrant downtown district for the construction of 12 condominiums to be rented to low and moderate income seniors. The remaining 48 condo units next to peaceful Sunset Woods Park have been sold to moderate-income seniors, with income appreciation restrictions ensuring that subsequent re-sales support the project’s commitment to long-term affordability. Amenities range from large eat-in kitchens and walk-in closets to in-unit washers and dryers, an elegant foyer and a welcoming third-floor community terrace. Download Pdf