Karcher Artspace Lofts

Looking Up in Downtown Waukegan

405 Washington St Waukegan, IL, 60085

Overview

Karcher Artspace Lofts in Waukegan, IL is more than just a building - it's a masterpiece. This historic Karcher Hotel has been transformed into a mixed-use arts property that's attracting attention from all over the region. With 36 units of affordable live/work space for creatives and their families, plus a variety of other features, it's no wonder that this development is considered one of the most exciting projects in the area.

 

Karcher

 

The Karcher is strategically located in downtown Waukegan, just a block from City Hall. This nine-story building offers a mix of one-, two-, and three-bedroom units, ranging in size from 665 to 1,441 square feet. Each unit has been designed with the needs of creatives in mind, so you can be sure that you'll have everything you need to pursue your artistic dreams.

In addition to the beautiful living spaces, the Karcher also features 2,811 square feet of ground-floor retail and community space for arts-friendly businesses and nonprofit organizations. The open entry area space is perfect for hosting small community gatherings and showcasing art, while the resident computer lounge and meeting space offer a convenient place to connect with other creatives. And when you need a break from your work, you can relax on the outdoor patio and soak in the beautiful surroundings.

 

Karcher

 

If you're ready to take the next step in your creative journey, there's no better place to do it than at the Karcher. With its beautiful living spaces, vibrant community, and convenient location, this is the perfect place to unleash your creativity and pursue your passions.

Don't miss out on this incredible opportunity - contact us today to learn more about the Karcher and how you can be a part of this exciting community.

Architect: 4240 Architecture

Contractor: Pepper Construction

Funders: Abdula Family Foundation; AT&T; First Bank of Highland Park; First Midwest Bank; Fred W. Losch Beverage Company; Gaylord & Dorothy Donnelly Foundation; Henry Pfau Callahan Memorial Foundation; Beth Levine; William & Suzanne Lindsay; Midwest Generation; NorStates Bank; North Shore Gas; North Shore Trust and Savings; The Richard H. Driehaus FoundationThe McArthur Fund for Arts and Culture at The Richard H. Driehaus FoundationWaukegan Park District; Waukegan Savings Bank; Dave & Sandi Whitmore. Artspace thanks the many individuals and local businesses that continue to support this project.

Financial Partners: City of Waukegan Illinois Housing Development Authority; JP Morgan Chase; IFF; Lake County; Illinois Department of Commerce and Economic Opportunity; Raymond James Tax Credit Funds, Inc.; Waukegan Park District

est. 2012

Type of Development:

Live/Work Artist Housing

Number of Units:

36

Total Square Footage:

33,386

Community Space Sq. Ft.:

211

Types of Units:

One-, Two-, and Three-Bedroom Units
Ranging in size from 665 to 1,441 square feet

Total Project Cost:

$14.6M