1412 Chase

1412 W. Chase Ave. Chicago, IL

Ansonia completed a major renovation and re-tenanting of this foreclosed 56-unit mid-rise apartment building in Chicago’s Rogers Park neighborhood in less than 12 months. Ansonia executed the renovation of apartment interiors and upgrade of major building systems while increasing occupancy from 60% upon acquisition to stabilized at 95%. The capital improvement program overseen by Ansonia included new windows with energy efficient low-e glass, new high-efficiency variable power steam boiler and pump, new hot water boiler and storage tanks, new 800 amp master electrical switch and riser distribution system, new reflective roof over tapered insulation, comprehensive tuckpointing of the brick and limestone exterior, and new elevator motor and controller. Ansonia refreshed the identity of this property by removing an ungainly old awning and dated textured stucco to reveal its elegant 1920s-era façade and articulated stone base, and implementing a complete makeover of the building lobby, hallways, and elevator cabs.

Investment Management

Property Management