4700 Lake Park
218-unit apartment community located along the lakefront in Chicago’s vibrant Kenwood/Hyde Park neighborhood. The property offers unobstructed skyline and lake views from a 26-story high-rise offering Studio, One- and Two-Bedroom floor plans, as well as Three-Bedroom plans in two low-rise buildings sited to form a courtyard oasis. Ansonia crafted an innovative plan layering multiple financing sources to preserve this irreplaceable affordable housing and fund a substantial rehab updating unit interiors, common areas and replacement of building systems—all without displacing a single resident. Ansonia’s work was recognized with the prestigious 2018 CNDA-Polk Bros. Foundation Rental Housing Preservation Award.