Formed: 1994 Established: 1995
This page last updated:8/25/2011
There are no Reader Comments on this community. Add Your Comment on Pratt-Ashland Cooperative
The Pratt-Ashland Cooperative (PAC) was established in 1995 to allow low- to moderate-income families the opportunity of owning their home. We are a 22-unit apartment building located in the Rogers Park neighborhood of Chicago, IL, just a 10-minute walk from Lake Michigan.
The building is cooperatively owned and we all have our own apartments. Membership in the Pratt-Ashland Co-op is an extremely affordable way to be a home owner: you buy in at a share price ranging from approximately $2,575 - $4,000 and then you pay a monthly housing charge that covers all building maintenance and your portion of the mortgage on the whole building. Combine that with convenient access to the Chicago Transit Authority Red Line, Clark bus, Metra, and THE BEACH, and itís a great setup.
Pratt-Ashland is an affordable, limited-equity cooperative. The residents collectively have ownership and control building over their building. Intro to Cooperative class available to all new applicants.
Community location is placed at the center of the zip/postal code, city/state, or city/country (not based on street addresses)
This page last updated:8/25/2011
Visitor Process: Please call the Pratt-Ashland Cooperative at 847-424-5592 or email email@example.com. A PAC member will set up a time for you to visit the cooperative and see any available units. We are happy to talk to you about the community.
Statement of Housing Non-discrimination:
Our community does not discriminate in regards to housing based on race/color, national origin, religion, sex/gender, family status (i.e. having children, not having children, or being pregnant), disability, marital status, sexual orientation, ancestry, source of income, age, creed, personal appearance, political affiliation, HIV infection, military/veteran status, unfavorable military discharge, gender identity or expression, receiving public assistance, or being the victim of domestic abuse.
Members(adults and children):
By majority rule
(Board and officers elected each year.)
Leadership Core Group:
Labor and Money
Members have independent finances
Open to Members with Pre-existing Debt:
(Members are expected to attend monthly building meetings, serve on at least 1 committee, and participate in special events. Labor time commitments to committees vary based on interest and ambition.)
(Members are required to purchase a share in the cooperative. Shares range from $2,500-$4,500 based on the size of the apartment.)
(The Pratt-Ashland Cooperative has a $400 annual assessment.)
Land and Buildings
Land Owned By:
Number of Residences:
(One apartment building with 4 separate tiers, 22 units total.)
Percentage of Food Grown:
(Small communal garden beds and containers.)
Share Community Meals:
Dietary Choice or Restrictions:
Diet is up to each individual
(smoking is prohibited in common areas.)
Common Spiritual Practices:
Become an Editor
Click an image to see it full size.
Current editor(s): nicolegarneau
We encourage comments from those who have first hand experience with a community so that others may benefit from your experience. Please share information you think will be useful to other users of this site, in a clear, concise, and polite manner. Each community can choose to display all comments, display selected comments, or not to display comments (more info). Communities will be shown email addresses of those who comment so that they might communicate with you if they choose.
We reserve the right to edit or delete any comment.
You must be logged in to add a comment. Login here or if you have not yet registered on our site Register here.
More Info on Display Options
Communities can choose one of three options for how reader comments are displayed.
- Display all reader comments.
- Do not display any reader comments.
- Display only comments selected by the community (this is the default value).
Communities may have a variety of reasons for choosing these options so we encourage you to not be quick to judge.