This two-building high-rise condominium community is located in the suburb of Lombard, Illinois. The property is also convenient to major shopping, schools, and highways and is near an 18-hole golf course to the north and new townhomes to the south.
The older property needed to make massive upgrades and find ways to become more cost- and energy-efficient.
The community’s board worked with the Associa Chicagoland team to successfully end a 37-year-long laundry contract, purchase all-new equipment, and overhaul the laundry rooms. With these changes, the community now projects $25,000 in yearly laundry income for each high-rise building. Additionally, the team helped install all-new pavement, curbs, and gutters and upgrade carpet, front awnings, planters, and parking lot lights. Thanks to the guidance and assistance of Associa Chicagoland, the community used capital reserves to become more energy-efficient and beautify a property that residents can take pride in.