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Welcome
Welcome home to River Oaks Towne Houses Cooperative in Calumet City, IL!
 
We make your home an enjoyable living experience.  Our residents believe the feeling of community, distinctive units, and fabulous amenities of River Oaks Towne Houses Cooperative make it one of the best choices in the suburban Chicago, IL area.  We would love the opportunity to assist you in finding your new home.
Check out our 159th St & Paxton Avenue location and contact us today to schedule a tour with one of our top-notch leasing professionals!

We are sure you will enjoy our Townhouses and you will find living in our Cooperative a rewarding experience.  Cooperatives are friendly neighborhoods where members respect each others’ rights and privacy.

You are invited and urged to take part in our Cooperative!
 
 
 
Presidents Letter
Dear Prospective Members:
 
Welcome to the River Oaks Towne Houses Cooperative Website!  We hope that you will consider making River Oaks Towne Houses your new home.  You are invited and urged to take part in our Cooperative and to attend the membership meetings.  Serving on a Cooperative committee is a good way to get acquainted and to help determine policies which make the Cooperative a pleasant place to live.  When the Membership Board is elected, perhaps you would like time to serve as a director.  This website is designed to provide information about the Cooperative, about your townhome, and about the community.
 
Sincerely,

David Reed
Board President
 
 
 

What's a Cooperative?
Each member of River Oaks Towne Houses Cooperative owns one share and has one vote in the cooperative.  The cooperative corporation holds title to the property and is responsible for the mortgage.  A Board of Directors is elected by and from the members.  The directors set policy, establish rules and determine how money is spent.
 
• To qualify for membership you must meet the income and credit standards established by the Board of Directors.
 
• Because the corporation is a not-for-profit organization, we are able to offer far more housing for less money than it would be possible for you to buy or rent anywhere else.
 
• Maintenance service is provided to members during normal office hours.  The Cooperative’s professional maintenance staff is available to treat emergency calls on a 24-hour basis.
 

Why Join a Cooperative?
People join housing co-ops because they want housing that is decent, affordable and secure.

Benefits Include:
• Reduced Cost
• Member Control
• Equity Accumulation
 

 
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