A new residential development at 1021 W Polk Street in Little Italy has reached its full three-story height. The construction process began last year after the pre-existing two-story brick building on the lot was demolished.
The developer, Polk Building LLC, has planned five total units paired with five surface parking spots on a rear concrete parking pad. The building will have a rooftop deck and stair enclosure, a basement, as well as a first-floor terrace and multiple deck areas. Hanna Architects is behind the design, whose facade includes a dark red masonry cladding, intermixed with floor-to-ceiling windows.
The site is located at the corner of Polk and Harrison, just steps away from UIC’s undergraduate campus. The closest CTA L service stop can be found at the UIC-Halsted station, via a seven-minute walk. Residents will also find bus service for Routes 8, 12, 126, and 157 within a ten-minute walk from the site.
PNA Developments Inc will be the general contractor for this project, whose construction cost has been reported as $1.4 million. Full completion appears on track to reach completion before the end of the year.