Affordable Housing News
Isiah Thomas' latest playbook: Reversing Chicago's housing blight
Isiah Thomas’ latest playbook: Reversing Chicago’s housing blight
by Danny Ecker at Chicago Business CRAINFormer NBA star Isiah Thomas this month made his first foray into investment real estate when he bought a six story, 20-unit apartment building in Evanston. If the Hall of Famer has his way, there will be more to come — but in far more distressed areas of Chicago.
Chicago basketball legend investing in native city.
Chicago basketball legend investing in native city.
at Zoliath.comHall of Fame point guard Isiah Thomas’ list of accomplishments is gaudy: a pair of NBA championships as a player with the Detroit Pistons, an NCAA championship with Indiana, 12 All-Star selections, and more than 18,000 career points and 9,000 career assists in the NBA.
Now, nearly 20 years after his retirement, Thomas is looking to make waves off the hardwood.
The Chicago native recently purchased a six story, 20-unit apartment building in Evanston, Ill., for $7.3 million. Evanston is a northern suburb of Chicago.