Affordable Living!

OWNING IS AFFORDABLE AT SHERMAN GARDEN

It costs less to own at Sherman Garden Co-operative Apartments than it costs to buy a comparable condo or rent a comparable apartment in Evanston or Chicago.

• Assessments cover all apartment costs except your internet, cable and phone services:
Gas
Electricity
Water
Sewer
Heat
Trash removal
Elevator maintenance
Lawn & garden maintenance
Snow removal
Real estate taxes

• Plus SGA’s mortgage interest & real estate taxes are deductible! (Further savings are available for eligible seniors from the state of Illinois.)

• Monthly assessments are based on each unit’s square footage. In November 2010, Trustees gave the following rough breakdown of a typical monthly assessment: property maintenance 24%; reserve funding 21%; building engineer payroll 14%; property taxes 12%; mortgage interest 9%; gas (heat) 9%; electrical 6%; water 2%; other miscellaneous items 3%.

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