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Cumberland Green Advantage

Cumberland Green Cooperative Townhouses is a group of 204 townhouse dwelling units on 33 acres.

Cooperative Advantage

The difference with co-op living is that there's no landlord. You pay only the actual cost of a non-profit operation in a co-op.

City Of
St. Charles, IL

Treasures from the past abound along the banks of the Fox River, where St. Charles is nestled in the quiet valley.

Membership - Ownership

Each member-family is an owner of a portion of the whole development. There are no other persons who have an ownership interest in the development besides the people who live here.

Recreation and Activities

Cumberland Green mission is to provide all residents and age groups of the cooperative with recreational programs, facilities and open space that will enhance the quality of life of its residents.

Home Styles

From a one bedroom single story units to a two story four bedroom units

About Cumberland

 

Cumberland Green cooperative is founded on the promise that cooperatives lead to better services at lower prices, the co-op charges are usable lower that those of similar rental units. Illinois Housing Development Authority backs our mortgage, and monthly carrying charges are based on your income level.

As the cost of buying a single-family home or condominium soars, cooperative housing is an affordable alternative form of ownership for many people. Cumberland Green Cooperative provides you comfortable, high -quality living at a reasonable cost

Amenties

  • 1 - 4 Bedrooms
  • 6 Different Styles
  • Club House Rental
  • No landlord
  • Security cameras
  • Swimming pool
  • Central cooling
  • Residents control
  • Accumulate equality.
  • Gas -Water included
  • Deduct your portion of taxes and mortgage interest
Housing Cooperative

A cooperative is a group of people working together in a joint economic activity that is owned and operated by its members for their mutual benefit.

In a housing cooperative (or co-op), a housing development is jointly operated by its members. They own membership certificates in the corporation, giving them the right to occupy a dwelling unit and participate in the operations of the corporation. The cooperative housing corporation owns the total property. A not-for-profit corporation.

Your future is looking bright!

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