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Elaine Place tenants fume over 'drastic rent increase'

from Lake View Patch

Residents of Chicago's Lake View's Elaine Place Apartments say that in addition to the complex's new owners removing its iconic giraffe and goat statues, they're now imposing substantial rent increases that are forcing some to move. Chicago Apartment Finders, which own rental buildings all over the city, purchased Elaine Place Apartments from Milton Zale of Zale Realty in November. While the statues are reportedly being restored and could potentially return to Elaine Place, residents say they just received a new surprise. more

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