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Senior housing report and related memos

Senior housing report and related memos

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Published by wednesdayjournal

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Published by: wednesdayjournal on Nov 10, 2010
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02/07/2012

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Valerie S. Kretchmer 
Associates, Inc.
 
Real Estate and Planning Consulting
Senior Housing Market AnalysisPrepared forOak Park TownshipApril 2010Prepared byValerie S. Kretchmer Associates, Inc.2707 Walnut AvenueEvanston, IL 60201847-864-8895 (Phone)847-864-0103 (Fax)www.kretchmerassociates.com
 
 
Valerie S. Kretchmer 
Associates, Inc.
 
Real Estate and Planning Consulting
2707 Walnut AvenueEvanston, IL 60201TEL 847-864-8895FAX 847-864-0103vsk@kretchmerassociates.comwww.kretchmerassociates.com 
April 22, 2010
 
Mr. Gavin Morgan, Township ManagerOak Park Township105 S. Oak Park AvenueOak Park, IL 60302Dear Mr. Morgan:Valerie S. Kretchmer Associates, Inc. (VSKA) is pleased to submit this final report withthe analysis of the potential for additional senior housing in Oak Park.Thank you for the opportunity to work on this interesting project for you.Sincerely,Valerie Sandler KretchmerPresident
 
Valerie S. Kretchmer 
Associates, Inc.
 
TABLE OF CONTENTSPage
I. SUMMARY AND CONCLUSIONS 1II. OAK PARK AND MARKET AREA DEMOGRAPHICS 5III.
 
OAK PARK AND MARKET AREA HOUSING 13CHARACTERISTICSIV. SENIOR HOUSING SURVEY 27V.
 
DEMAND FOR ADDITIONAL SENIOR HOUSING 30IN OAK PARKVI. APPENDIX 36

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