4657 West Madison Street, Chicago: Anatomy of a Preservation Deal

Anatomy of a Preservation Deal, August 2016

By: Mark Treskon, Sara McTarnaghan, Urban Institute

https://web.archive.org/web/20170324021914/http://www.urban.org/sites/default/files/preservation-chicago.pdf
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Affordable Housing Programs  |  Housing Supply Planning

This case study describes how a community development financial institution (CDFI) provided the financing necessary to rehabilitate a mixed-use structure in the Austin neighborhood of Chicago. Even without access to conventional financing, the project was completed without the use of public funds and cost significantly less than new construction.


Chicago, IL

2010 Population: 2,695,598

2010 Population Density: 11,841.76/square mile