Real Estate
Black-ownedPeople of Color
The Aux Evanston
A commercial hub dedicated to racial equity and wellness.
Evanston,
IL
Investment type:
Equity
( )
Target raise:
$200,000
- $1,500,000
Minimum investment:
$1,000
$1,000
End date:
Dec 31, 2023
Dec 31, 2023
ended
Black-led. Project led and owned by a Black team of community leaders
Entrepreneurs of Color. A vibrant space for Black entrepreneurs, wellness practitioners, and the community
Wellness hub. Services support all aspects of physical, emotional, environmental, financial, and social wellness
Revitalization. Repurposes a vacant property into a thriving commercial space
Culture and community. Intentionally designed spaces for community gatherings and arts and cultural programming
Return. 100% of net operating income after any debt payments and reserve is distributed pro-rata to investors
Our Story
The Auxiliary Cord LLC (the Company) has purchased a 16,000 square foot warehouse located at 2223 Washington Street in Evanston, IL 60202 (the Property). The Company plans to fully renovate the building, converting it into a commercial hub (The Aux or Project) for Black-owned small businesses and organizations that focus on community wellness.