A permit was approved early last week for a new three-story residential building to be located at 5201 S Wabash Avenue in the Washington Park neighborhood. The owner is listed under the name Kalos Group Development LLC, with plans for three total units and a three-car concrete parking pad. The building will be replacing a vacant lot.
Charles E Schwartz is listed as the architect of record. No drawings or renderings have yet been revealed, though the filing description has indicated a masonry exterior with an open rear steel staircase.
The closest bus service available is for Route 29 and can be found at State & 53rd Street via a four-minute walk southwest. The CTA L Green Line at the 51st Street station is just a nine-minute walk northeast.
There are retail and dining options in the vicinity, located within a five-minute walk east along E 51st Street. Also nearby is the lush green space Washington Park Arboretum.
Metropole Holdings LLC will serve as the general contractor for the $350,000 construction. Full timeline details and an anticipated completion date have not yet been revealed.