Luxury senior housing for Streeterville
Senior citizens looking for a luxury development that has all the services they need in a prime Chicago location will soon have another option in the heart of Streeterville.
Integrated Development Group, LLC announced plans for 139 new luxury residences. The $80 million project will renew the home of the former Lake Shore Athletic Club, located at 850 N. Lake Shore Drive.
The historic building was completed in 1927, and has long been an integral part of the historic architecture in Streeterville. Integrated Development Group purchased the property from Northwestern University.
Residents of this new senior citizen housing development will enjoy amenities such as a fitness center, spa, on-site restaurant, movie theatre, and valet parking. The development will also offer 24 hour doorman service.
The development is one of just a few luxury residences designed for seniors only around downtown. The building will offer 11 assisted living units, which include 24-hour medical care.
Several neighborhoods around the city are studying options for new affordable housing for senior citizens. As the condo market exploded in recent years, many local seniors have been unable to afford to continue living in their long-time homes. Find great Chicago Real Estate for senior citizens in neighborhoods around the city.
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