Lake County Residential Development Corporation

Lake County Residential Development Corporation acquired and rehabilitated a North Chicago apartment building to be released onto the market, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)Add caption

Lake County Residential Development Corporation acquired and rehabilitated a North Chicago apartment building to be released onto the market, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

North Chicago Mayor Leon Rockingham (center) is greeted as he walks into a Lake County Residential Development Corporation rehabbed apartment building that is opened today on the market, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

Lake County Residential Development Corporation President Mary Ellen Tamasy (left) talks with North Chicago Alderman Bonnie Mayfield (right) about the rehabbed apartment building that is opened today on the market in her ward, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

City officials and partners gather at a Lake County Residential Development Corporation rehabilitated North Chicago apartment building to be released onto the market, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

LCRCD member Tiffany Duncan of North Chicago (right) gives a tour of a Lake County Residential Development Corporation rehabilitated North Chicago apartment building to be released onto the market, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

City officials, partners, and apartment prospects, gather at a Lake County Residential Development Corporation rehabilitated North Chicago apartment building to be released onto the market, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

Lake County Residential Development Corporation member Steve Bongard (right) talks about everyone that made it possible for this rehabbed development of an old North Chicago apartment building to give new life, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

North Chicago Mayor Leon Rockingham thanks the Lake County Residential Development Corporation for rehabbing a North Chicago apartment building to help build and make their community a better place, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

North Chicago Mayor Leon Rockingham (right) thanks the Lake County Residential Development Corporation for rehabbing a North Chicago apartment building to help build and make their community a better place, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

Community Development Administrator of Lake County Jodi Gingiss (2nd right) and Lake County Board Member Audrey Nixon (right) thanks Lake County Residential Development Corporation for making this possible, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

Vice President and Community Reinvestment Officer of First Midwest Bank Robert Sistek (center) talks during a Lake County Residential Development Corporation North Chicago project release, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

City officials and partners gather at a Lake County Residential Development Corporation rehabilitated North Chicago apartment building to be released onto the market, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

Illinois Housing Development Authority Managing Director Christine H. Moran talks about Lake County Residential Development Corporation and their North Chicago project, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

North Chicago Alderman Bonnie Mayfield (pink) listens as city occials and partners speak and thank everyone that made their development project a success, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

North Chicago city officials and business partners line up for a ribbon cutting of a Lake County Residential Development Corporation project, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

North Chicago city officials and business partners line up for a ribbon cutting of a Lake County Residential Development Corporation project, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

North Chicago Alderman Bonnie Mayfield (left) Mayor Leon Rockingham (middle), and Lake County Board Member Audrey Nixon, cut the ribbon at the Lake County Residential Development Corporation project, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

North Chicago Alderman Bonnie Mayfield (left) and Mayor Leon Rockingham applaud after cutting the ribbon at the Lake County Residential Development Corporation project, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)

City officials and partners celebrate the Lake County Residential Development Corporation rehabilitated North Chicago apartment building to be released onto the market, on Thursday, June 2, 2016 in North Chicago.  (Mark Ukena/Lake County News-Sun)