Lincoln Park vintage building in Arlington-Deming Historic District to be demolished

A vintage two-flat with a coach house located in the charming Arlington-Deming Historic District of Lincoln Park will be demolished. My business partner Bob resides in Lincoln Park near this block and noticed the fencing yesterday at 516-518 West Arlington Place, Chicago IL 60614. A quick check at my www.Chicagocityscape.com account shows a demo permit had been issued September 25th, 2020. The RM-6 zoning means a taller building with more units is permitted on the lot.

A small vintage multi-unit building and coach house at 516-518 West Arlington Place (All photos Bob DePalma, Eric Rojas, Brokers, Kale Realty)

The building has some history with zoning and development struggles. Back in 2006 the owner at the time tried to redevelopment the parcel despite the down-zoning of the block in 2002. The plans were rejected by the 43rd Ward alderman and Chicago Plan Commission at the time. That same owner purchased the building in 1996 for $340,000 and recently sold the parcel this year for $2,900,000 (sale was recorded in January of this year, source Cook County Recorder of Deeds). Not bad!

No permits have been issued for new construction on the site as of yet and I have not seen a proposal on  the 43rd Ward alderman site.

Check out more posts around the Arlington-Deming area of Lincoln Park HERE

Historic West Arlington in Lincoln Park great for guests and residents alike

Chicago Getaway Hostel 616 W Arlington, Chicago IL 60614

I took a few early November shots of the 600 block of West Arlington in Lincoln Park. The block is part of the beautiful Deming-Arlington Historic District. It is also home to the Chicago Getaway Hostel housed in a gorgeous vintage building. It is an unbeatable representation of Lincoln Park living for our domestic and international guests.

Welcome!

High-end vintage properties are the standard here.  623 W Arlington is currently listed at $6.9 million.  The highest closing within a block over the last two years is 626 W Arlington for $2,675,000 closed in June 2016.  The double lot home maintains the vintage facade with modern updates.  Considering the oversized 50'x174' lot in this location $2.6 million was a bargain.

A beautiful residence on the 600 block of West Arlington. #FLYTHEW Go Cubs Go!

The area can be enjoyed with affordable accommodations for visitors at the hostel and for relatively cheaper means for locals. Studio and one bedroom apartments on the street have some from $110,000 to $239,000 and smaller two bedrooms sales from $300,000-$340,000.

555 W Arlington offers entry level purchase prices and rents to a premier Chicago location