1798 Cumberland Dr
St. Charles IL 60174
630-584-5150
WWW.CGcooperative.com
Location
1798 Cumberland Green Dr
St. Charles, IL 60174
(630) 584-5150
WWW.CGcooperative.com
Membership in a housing cooperative is more than an application for a place to live. It is the first step that may lead to your participation in the cooperative ownership of a housing development. The cooperative has been incorporated as a nonprofit cooperative housing corporation to acquire, own, and operate a housing development consisting of semi-detached houses, the permanent occupancy of which is restricted to members of the cooperative.
204 units in Cumberland Green Cooperative
20 one-bedroom,
52 two-bedroom, Back Back
40 two-bedroom, Walk Through
52 three-bedroom, Back Back
20 three-bedroom, Walk Through
20 four-bedroom units.
All dwellings come equipped with refrigerators and gas ranges with hoods, gas furnaces, gas 30-gallon water heaters, bathroom ventilator fans, and birch finish kitchen cabinets. The coop provides Storm windows and screens for all windows and doors. Members will be able to improve their garden and patio areas.
The Cooperative documents set forth the terms and conditions under which you apply for membership in the cooperative; the Occupancy Agreement, the terms, and conditions under which a member will occupy one of the dwelling units in the cooperative. And the Articles of Incorporation, the By-Laws, and the Policy and Rules. We strongly urge that you read these documents.
The Corporation will deliver your membership certificate representing your interest in the cooperative Corporation. The Board of Directors elected by the membership and runs the cooperative as provided in the By-Laws. Each member of the Corporation will have one vote.