The Chicago City Council has approved a residential development at 3817 N Ashland Avenue in Lake View. Located along N Ashland Avenue, the site is bordered by alleyways to the south and east. A one-story restaurant building currently occupies the site, which is for sale by the owner. Mavrek Development is the developer behind the proposal.
Designed by 360 Design Studio, the plan calls for a five-story, 48-unit residential building. Rising 65 feet tall, the design of the building will feature a masonry and stone facade. The unit breakdown will include 31 one-bedroom units, 13 two-bedroom dwellings, and four three-bedroom homes. Ten units will be designated affordable, double the five required units. The first five affordable units will consist of three one-bedroom units, one two-bedroom unit and one three-bedroom unit. The unit size for the last five units was not disclosed.
The approximately 14,000-square-foot lot is currently zoned B3-2, Community Shopping District. The new zoning would position the site as B2-3, Neighborhood Mixed-Use District. This zoning change allows for residential uses on the site and commercial on the ground floor.
Rents for the units range between $965 to $1,800 per month for one-bedrooms, $1,300 to $2,800 per month for two-bedrooms, and $1,400 to $3,300 per month for three-bedroom units. Outdoor terraces will be included for a number of the units, but there will not be any rooftop decks. The floor plan layout allows for a rear setback of 30 feet and a minimum five-foot-long setback on the northern side along the neighboring building.
Parking will be located on the ground floor with a total of 24 spaces with 18 spaces accessible from the back of the building in the alleyway. The remaining six spaces will be accessible from the alley on the southern side of the building. A loading berth will be located on the southeastern corner of the building at the intersection of the two alleyways.
Pick up and drop off will be located right in front of the building along N Ashland Avenue. A minimum of 36 bike parking spaces will be located inside the parking garage. EV charging stations are under consideration by the developer for the garage.
The nearest CTA access is the 9 CTA bus route, reached at the Ashland and Grace stop, located within a one-minute walk from the site. The Addison CTA L station, serviced by the Brown Line, can be reached via a 12-minute walk.
The development was recently granted zoning approval for the site with the Chicago City Council giving its final approval. The $14.1 million project is expected to be completed in 2022.
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