Tuesday, November 21, 2023

New 74 rental unit development approved in central Lincoln Square location


The buildings shown here between West Eastwood and the "L" tracks along western Ave will be redeveloped to create a 74 unit mixed-use building. Photo in November 2023, Eric Rojas, Broker, Kale Realty

After years and years of scaffolding draping the east facade of THAT building adjacent to the "L" tracks... re-development is in the works. Many years ago I walked the loft building interior with a contractor looking for ideas for the huge open floor spaces.

The new 4640 N Western rendering https://hirschmpg.com/

In July the city approved a 74 rental unit development for 4632-4644 North Western Avenue in Lincoln Square. Urbanize Chicago has a nice rundown and renderings of the project HERE   The four story loft building ("the scaffolding building") will be renovated while the two story property will be demolished and replaced by a six story building. Rents mentioned in the proposal ranged from $1,500 for a studio, $1,700 for and one bedroom and $2,700 for two bedrooms. 

The development is just west across the street Western Brown Line station and steps from Giddings Plaza. 11 units will be set aside as affordable.  It joins the 63 unit 100% affordable new construction building also across the street and just north of the Western Brown Line stop. Another 130+ units in the center of Lincoln Square is great for local business and vibrancy!

More Lincoln Square real estate posts HERE

To buy, sell, invest and rent in Lincoln Square and surrounding neighborhoods contact Eric Rojas, Broker, Kale Realty - erojas@kalerealty.com

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