1904 Farnam

Snapshot

Original use

Office building

Redevelopment

54 affordable studio / 1-BR units

Units

54 total · 54 affordable (100%) · 40 / 50 / 60% AMI

TDC

$25.0M

Developer

Clarity Development

Developer tier

A

Monarch lead

Rick Chukas + Steve LeClere

What Monarch syndicated

• Federal HTC
  amount not on file
• NE State HTC
  amount not on file
• NE State LIHTC
  amount not on file

Used as comp for

• 79 W. Monroe (Rector / Bell Federal Building)

  79 W. Monroe St, Chicago, IL 60603