The Ainslie
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THE
AINSLIE
AINSLIE
1502 WEST AINSLIE STREET
ANDERSONVILLE, CHICAGO
ANDERSONVILLE, CHICAGO
Purchased in 2017, this was our first ground-up construction project under the Honore umbrella. The 5-story, mixed-use property went through several iterations, involving feedback from community groups and planned development, to reach the final product. Construction completed in early 2020, with the initial lease-up during COVID, it was an interesting time for a lease-up to say the least!
One retail space leased quickly, and with Nothing Bundt Cakes filling the other, the property has been fully stabilized, refinanced with return of initial equity and accrued pref to all investors, and continued full occupancy of all 54 residential units & 2 retails spaces!
One retail space leased quickly, and with Nothing Bundt Cakes filling the other, the property has been fully stabilized, refinanced with return of initial equity and accrued pref to all investors, and continued full occupancy of all 54 residential units & 2 retails spaces!
Mixed-Use
Property Type
62,000+ SF
54 Units
+ 2 Commercial Spaces
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