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Andersonville Nursing Home Goin' Rental

A Chicago developer is planning to convert a former nursing home into an apartment building at 1470 W. Carmen Ave., Crain's reports. Developer Stuart Shiner says the building will have 18 two- and three-bedroom apartments, which will rent for $1,400 to $2,500 per month. We're just amazed that the nursing home managed to cram 113 oldsters into a five-story building. [Chicago Real Estate Daily]