Church Street Apartments
Green Street Realty had been managing the property for the bank during the foreclosure process until it was purchased in April of 2010. The property included 5 apartment buildings, four on Church Street in Champaign near downtown and one on Victory Park in Urbana. All units were empty and the buildings were all condemned at the time of purchase. Within twelve months, and an investment of $700,000, the project was complete and fully leased with a desirable tenant base by August of 2011.