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Greenwood Park Apartments

1015 E. 47th Street
Chicago, IL 60653
  • Greenwood Park Apartments sign and flowers
  • Greenwood Park Apartments building exterior
  • Greenwood Park Apartments building windows
  • Greenwood Park Apartments unit kitchen
  • Greenwood Park Apartments unit living room
Deal Type: 
Acquisition/Rehab
Year Built: 
1974
Acquisition Date: 
2016
Last Renovation: 
2019
Number of Units: 
122
Tenancy: 
Family

Greenwood Park Apartments is a 122-unit, 15-building apartment community located in the affluent and historic Kenwood neighborhood, just 3 blocks north of President Obama’s private residence. Originally built in 1974, Greenwood Park was purchased by POAH in the summer of 2016. Renovations to the building began in 2019 and were completed in 2020. They included accessibility retrofits, roof, window and boiler replacement, new energy efficient lighting and appliances, and kitchen and bathroom renovations. In partnership with Openlands, POAH replaced dozens of dead ash trees that lined the property’s walkways with new species of trees.

Greenwood Park Apartments is another phase of POAH's commitment to affordable housing in a vibrant, healthy and attractive urban community. The Kenwood neighborhood is close to the lakefront, high-performing schools, park district facilities, several shopping districts, and high frequency bus and train lines. The deeply affordable units are home to many longtime residents who value the sense of community at the property and its outstanding location.

Greenwood Park Apartments Addresses:

  • 1007-1157 E. 47th
  •  4701-4711 S. Ellis
  •  4700-4710 S. Greenwood

To learn more about POAH's work in Chicago, visit the website or watch the video.

Project Partners

  • Illinois Housing Development Authority (IHDA)
  • City of Chicago
  • Elevate Energy
  • Openlands
  • Citibank
  • JP Morgan Chase
  • Hooker DeJong
  • Skender Construction