Tuesday, May 31, 2016

Booming Damen Avenue in Lincoln Square waits for new condo development

The property at 4646 N Damen is under contract but a developer's proposal for zoning change has not been approved.
Like many of you I drive, ride or walk by 4646 N Damen every week.  The property is under contract with an asking price of $499,900.   The 47th Ward Alderman's office announced a zoning change application for the property some time ago. Basically the buyer is seeking to change the property zoning to allow a 9 residential building with ground floor commercial.

Check out the development proposal and zoning application HERE

According to the Alderman's web page (and an email exchange I had with the office) the zoning change as requested is not approved.  Another property may be in play to allow this project to proceed near the CTA Damen Brown Line station.  My guess is a nearby neighbor objects to the change. All politics and the neighbors aside... this is a great Lincoln Square location for more density in general and I hope something gets done.

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