Parkway Gardens housing complex put up for sale
Sun-Times file Parkway Gardens, one of the biggest and most notorious affordable housing complexes in Chicago, is up for sale. Related Midwest, the real estate and development firm that owns the sprawling property in Woodlawn, is seeking a buyer for 694 apartments spread among nearly three dozen buildings. The 13-acre campus stretches from 63rd to 65th streets between Dr. Martin Luther King Jr. Drive and Calumet Avenue. The most prominent marketing feature for prospective buyers is a contract with federal housing authorities that ensures subsidized rent for years to come. What’s not mention...
Source: suntimes.com