Demolition permits were issued earlier this week for a three-story multi-unit residential building at 2143 N Racine Avenue in Lincoln Park.
The permit’s listed owner is listed under GXSR LLC Series C. The owner has not revealed its plans for what will replace the masonry residence, though the property is currently zoned for RT-4, which allows for two-flats, townhouses, low-density apartment buildings, and single family homes. RT-4 also allows for a floor area ratio of 1.2, in that any new structure may have up to 20 percent more square footage than that of the encapsulating property. Additionally, since the site lies within the bounds of the Sheffield Historic District, any new design will be subject to an additional review to ensure that the project aligns with the surrounding neighborhood aesthetic.
Any future residents will find several bus options in the area, such as stops for Route 73 located a five-minute walk south to Racine & Clybourn/Cortland. Meanwhile, Route 74 stops are located a five-minute walk north to Fullerton & Racine.
For those looking to board CTA L trains, nearest service is available for the Brown and Purple Lines via Armitage station, a 10-minute walk southeast. Service for all three of the Brown, Purple, and Red Lines can be found slightly further at Fullerton station, located an 11-minute walk northeast.
Taylor Excavating & Construction is serving as the wrecking contractor for the existing structure. No other permits have been filed or issued, and any details regarding a construction timeline have not been indicated.