5853 N Broadway, located in Chicago’s Edgewater neighborhood, will be a 90-apartment, 100% affordable Transit Oriented Development (TOD) available to households earning at or below 60% and 30% of the Area Median Income (AMI). The project site is a 0.53-acre City of Chicago-owned property located just south of the Broadway Armory, less than 2 blocks southeast of the Thorndale CTA Red Line train station and a 9-minute walk to Lane Beach.
In a neighborhood becoming increasingly unaffordable for many residents, this development will serve as one of a precious few quality affordable housing opportunities for low income households.
Amenities include:
- All-electric systems: heating and cooling, hot water, and appliances
- Lobby with reception desk, two elevators, and package room
- Onsite laundry facilities on each floor
- 18 fully- ADA-Accessible “504” apartments
- Community room
- Onsite Bickerdike Maintenance and Property Management offices
- 90 weather-protected exterior bike spaces
- Interior plaza
The building is 11 stories at its highest point but is set back atop a smaller 3-story podium that is contextual with the neighboring buildings. Car parking will be accessible from the alley, with two spots equipped for EV charging.