The building is cooperatively owned and we all have our own apartments. Membership in the Pratt-Ashland Co-op is an extremely affordable way to be a home owner: you buy in at a share price ranging from approximately $2,500 - $5,000 and then you pay a monthly housing charge that covers all building maintenance and your portion of the mortgage on the whole building. Combine that with convenient access to CTA red line, Clark bus, Metra, and THE BEACH, and it’s a great setup.
Pratt-Ashland is an affordable limited equity cooperative. The residents collectively have ownership and control building over their building. Intro to Cooperative class available to all new applicants.
Monthly housing charge ranges from $820.00 to $1108.00
We accept the Chicago Housing Voucher Program
Small pets are welcome
Low buy-in cost
Child Friendly and Involved Neighbors
7% Annual Interest on your Ownership Share
Community Garden and back yard space
Cable Ready and Heat Included
Decorative Fireplaces (most units) & Back Porches
Hardwood Floor (most units) and plenty of Closet Space
Close to Public Transportation, Schools, & Lakefront
Interested in a tour of available units? Email the PAC or call the recruitment committee at 847-424-5592