Location: 7901 S. Racine Avenue, Chicago
Completion Date: December 1999
Duration: 8 months
Project Scope / Definition:
Quest Development Group is the owner, developer and general contractor of The Westbrook™, 34-unit mixed-used complex in the Auburn-Gresham community. The Westbrook™ was a partially abandoned building in deplorable condition. The building was transformed by an award-winning renovation and restoration, which cost $570,000. The occupancy rate is 95 percent. Initial gross income was $210,000 per annum, resulting in a 31 percent return on equity.