A permit was approved early last week for a new three-story residential building to be located at 5203 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 with an open rear steel stairway and an accompanying three-car concrete parking pad. The building will share a lot with another project that was approved for the same owners in October.
Charles E Schwartz is listed as the architect of record for this project. No drawings or renderings have yet been revealed, though the filing description states that this building will feature a masonry exterior.
The closest bus service available is 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 at Washington Park Arboretum.
Metropole Holdings LLC will serve as the general contractor for the $350,000 construction. At the time of this writing there are no anticipated timelines or a completion date for this project.