From Crain’s Chicago Real Estate Daily, June 24, 2009:
A pioneering effort to develop a 221-unit apartment building on the scruffy border of Evanston and Rogers Park has been whacked by a $38.2-million foreclosure lawsuit.
From Crain’s Chicago Real Estate Daily, May 12, 2010:
A veteran Northern California investor who says he aims for the bottom of the apartment market may have found it along the dreary border between Evanston and Rogers Park, paying a little less than $30 million for a 221-unit building that cost $58 million to build just two years ago.
So is “scruffy” to “dreary” an upgrade or not? What’s the right word for this stretch of Howard Street?
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