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Portfolio Health Initiative Mid-Year Update

Background

Maintaining a healthy, stable stock of affordable housing is essential to preserving access and stability for renters across Chicago. But properties in our subsidized affordable housing system are under growing strain—from rising operating costs to staffing shortages and regulatory complexity. Understanding these pressures and developing thoughtful, coordinated responses is the focus of our Portfolio Health Initiative, a collaborative in partnership with the

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Chicago SRO Listings

The City of Chicago has received a Notice of Intent to Sell or Transfer Property in accordance with the Single-Room Occupancy Preservation Ordinance for the property below:

Building address: 5020 S Michigan Avenue 180-day notice period expires on 10/29/2025Unit Count: 40 SRO units Seller is actively looking for an affordable buyer.

Interested parties should contact:  

Ashok Bhatt, 415-269-2907, lata103@yahoo.com

CIC has financed the rehab and preservation of over 2,000 SRO units. If […]

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Chicago SRO Listings

The City of Chicago has received a Notice of Intent to Sell or Transfer Property in accordance with the Single-Room Occupancy Preservation Ordinance for the property below:

Building address: 4911 North Winthrop Avenue180-day notice period expires on 06/17/2025Unit Count: 68 SRO units Seller is actively looking for an affordable buyer.

Interested parties should contact:  

Michael Schumacher at 847-772-9663 or schu2@att.net

CIC has financed the rehab and preservation of over 2,000 SRO […]

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Chicago SRO Listings

The City of Chicago has received a Notice of Intent to Sell or Transfer Property in accordance with the Single-Room Occupancy Preservation Ordinance for the property below:

Building Address: 13536 S Brandon Ave*180-day notice period expires on 06/11/2025Unit count: 37 SRO units and four commercial spacesSeller is actively looking for an affordable buyer.

Interested parties should contact: 

David Schonback via email schonback@starckre.com

CIC has financed the rehab and preservation of over 2,000 SRO […]

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Webinar – Market Data Insights for NOAH Preservation

Wednesday, November 13th at 12:00 pm, join The Institute for Housing Studies (IHS) at DePaul University, The Preservation Compact, and DataMade for a webinar about the new mapping tool designed to facilitate evidence-based decision-making in preservation strategies for affordable multifamily rental housing, often referred to as naturally occurring affordable housing or NOAH. In this webinar, we’ll explore:

The research project […]

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