Monday, November 24, 2008

1221 W. Sherwin Ave - Interior Demolition Starts in 20 minutes

The residents are out, and whatever was left over is to be removed and destroyed in 20 minutes.

I spoke with a manager of the gut-rehab project, and he stated that it should be complete betweeen 5 or 6 months.

Former residents stated that they expect to return in April '09 to a renovated building, with higher rent.

Another resident stated that the building located at 1221 W. Sherwin Avenue "was paid-off free and clear" before the interior demolition, "but they mortgaged the building, $6 million, for the renovation".

Location:
1221 W. Sherwin Avenue
Chicago, IL. 60626

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