The Carroll Tower development is located in Kane County, approximately 40 miles west of Chicago. The development is situated in St. Charles’ Central Business District on the banks of the Fox River. City Hall, commercial shopping areas, and other community resources are within walking distance of the property. The principal north/south thoroughfares near Carroll Tower are Second Avenue (Route 31) and Fifth Street (Route 25); the principal east/west thoroughfare is Main Street (North Avenue, Route 64). Major expressways – Interstate 88 (Eisenhower), Interstate 290 and Interstate 355 (North – South Tollway) – are nearby. The project is convenient to public transit systems (PACE).
Completed in 1984, the mid-rise (6-story) building contains 108 rental apartment units designed to serve the affordable housing needs of Senior Citizens exclusively. Each of Carroll Tower’s 650 square foot units features an electric range, refrigerator, window treatments, wall-to-wall carpeting and air conditioning. All kitchens and baths have ceramic tile walls and VCT tile flooring. All utilities are individually metered. Carroll Tower offers adjacent onsite parking. The development is currently 97% occupied, with a multi-year waiting list.