CTU Sells Former Student Residence Building
Catholic Theological Union is happy to announce the successful sale of its former student residence building at 5326 S. Cornell Ave. The five story apartment building was purchased by CTU over twenty-five years ago and used to house students until the completion of a campus renewal program in 2006 that included the construction of a new academic center and the consolidation of three former CTU student residences in the Hyde Park area into a completely renovated ten story student residence at 5401 S. Cornell Ave. The 5326 S. Cornell building will be renovated by its new owners to serve as a rental apartment property.
The sale of the 5326 property was the final piece in a financial plan that supported the school’s campus renewal. CTU wishes to gratefully acknowledge the pro bono services of the Jenner and Block Law firm in helping conclude the arrangements for the sale.
Rev. Donald Senior, C.P.