Multi-family financing approved for 3959 Lincoln 4 project
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Description
The Committee on Finance approved an ordinance authorizing Multi-Family program financing to 3959 Lincoln 4 Manager, LLC for a 4% mixed-use development project at 3959 N. Lincoln Avenue, in an amount not to exceed $11,007,814. The action enables the developer to proceed with the planned housing and commercial improvements in the 47th Ward.
Contract Details
Contract Amount
Amount not to exceed: $11,007,814
Vendor
3959 LINCOLN 4 MANAGER LLC
Agency
Chicago Department of Aviation, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 20, 2026
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