Skip to main content

New Grayslake Waterfront Senior Housing Opens

New Grayslake Waterfront Senior Housing Opens.

Lakefront Residences of Grayslake.


Grayslake welcomes a new affordable senior housing development with all the amenities.

From the Grayslake Patch, submitted by Mercy Housing Lakefront:

"Lakefront Residences of Grayslake, an affordable senior housing development, recently opened a new 3-story, 70-unit residential building across from Grays Lake at Belvidere and Neville roads.

Developed by noon-profit Mercy Housing Lakefront, the building features 63 one-bedroom units and seven one-bedroom units with a den. Of the 70 units, 25 will be for seniors over the age of 55 with special needs or disabilities.

Lakefront Residences features many amenities, including an elevator, large outdoor patio facing Grays Lake, a great room with a fireplace and kitchen, a fitness center, and a library with computers. It's also close to parks, shopping, churches, restaurants, PACE bus and a Metra train stop.

The building is also in the process of achieving its National Green Building Certification and showcases several innovative design features such as a hybrid geothermal heating and cooling system. Other sustainable features include solar heated hot water, high efficiency furnaces, and natural and native landscaping.

The building’s funding comes partially from a public-private partnership through the Illinois Housing Development Authority. The IHDA allocated federal housing tax credits that generated more than $17 million in private equity to build the rental home development.

Mercy Housing Lakefront expects the new building will help fill the gap in affordable and special needs-serving senior housing in Lake County.

To qualify for the affordable apartments, applicants must earn at or below 60 percent of the average median income in Lake County, or $36,420 for a two-person household. For leasing information, call (847) 752-0760."


Easily search Northern Illinois Homes for Sale with photos, open houses and virtual tours at StarHomeFinders.com.

Jim Starwalt, Broker Associate RE/MAX Center
Phone: 224-627-7581
Jim@StarHomeFinders.com

Find Me Online

LinkedInFacebookBlogTwitterYouTube


Comments

Popular posts from this blog

Waterfront Location on Gages Lake: Grayslake Ranch Home for Sale

Waterfront Location on Gages Lake: Grayslake Ranch Home for Sale

33440 N Lake Shore Dr, Grayslake IL 60030




Click here to search Grayslake Homes for Sale.

Jim Starwalt

Thinking of making a move?

Easily search Northern Illinois Homes for Sale with photos, open houses and virtual tours at StarHomeTeam.com

Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online




Waterfront Location on Gages Lake: Grayslake Ranch Home for Sale

Choose Better Homes and Gardens Real Estate Grayslake Agents For all Your Real Estate Needs

Choose Better Homes and Gardens Real Estate Grayslake Agents For all Your Real Estate Needs

Choosing the right real estate agent, when buying or selling your Grayslake home, is paramount to your success.

The benefits of choosing a company with national recognition and a proven strategy will save you time and money.

Contact our office today at 847-548-2625!



Click here to search Grayslake Homes for Sale.

Jim Starwalt

Thinking of making a move?

Easily search Northern Illinois Homes for Sale with photos, open houses and virtual tours at StarHomeTeam.com

Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online





Choose Better Homes and Gardens Real Estate Grayslake Agents For all Your Real Estate Needs

Sell Your Grayslake Home with Better Homes and Gardens Real Estate

Sell Your Grayslake Home with Better Homes and Gardens Real Estate

Thinking about selling your home?

You don't have to do it alone.

Let Better Homes and Gardens Real Estate Star Homes lend a hand - with tools, information, and an agent you can trust.

With intimate knowledge of your area and the expertise necessary to give you a detailed assessment, our Better Homes and Gardens Real Estate Star Homes agent can help you set the right price and put together a comprehensive marketing plan.

Your Better Homes and Gardens Real Estate Star Homes agent will be there to guide you through every step of the listing process.

Ready to take the first step? Call our office now at 847-548-2625!



Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online