Princeton Park Homes

Chicago, IL

Community Overview

  • 1,000 townhome community located at 9119 S Stewart Ave, Chicago
  • Established, residential community with strong sense of neighborhood identity
  • Aging demographic with limited on-site amenities or lifestyle programming

Opportunity

Everwell partners with community boards to enrich the 55+ living experience through a respectful, membership-based model. Each Everwell home is board-approved, carefully maintained, and occupied by qualified residents who value comfort, connection, and independence.

Everwell Strategy

  • Unit Acquisitions: Purchased townhomes to create a portfolio of managed rental units within the community.
  • Tenant Selection: Targeted responsible, community-minded residents aged 55+, ensuring alignment within existing rules.
  • Lifestyle Activation: Introduced optional services such as housekeeping, fitness classes, and group events.
  • Community Partnerships: Worked directly with the residents to sponsor wellness events and shared maintenance improvements.

Results

  • Increased average occupancy by 15% within 12 months
  • Improved property aesthetics through consistent unit upkeep
  • Enhanced community engagement via new social and wellness programming
  • Community collaboration led to joint landscape and amenity improvements