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Greenwood Park Apartments

1015 E. 47th Street, Apt 1B
Chicago, IL 60653
Deal Type: 
Acquisition/Rehab
Year Built: 
1974
Acquisition Date: 
2016
Last Renovation: 
1996
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. Built in 1974, POAH purchased Greenwood Park in the summer of 2016 and plans are underway to begin much needed renovations in 2017 which include accessibility retrofits, roof, window and boiler replacement, new energy efficient lighting and appliances, and kitchen and bathrooms renovations. In partnership with Openlands, POAH will replace 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

Visit the POAH Chicago website

Read about the full Chicago Revitalization

Project Partners: 

  • Illinois Housing Development Authority (IHDA)
  • City of Chicago
  • Elevate Energy
  • Openlands