The Seng, a condominium development in the Near North Side’s Clybourn Corridor, recently reported contracts for over half of its 34 below-market-rate units. It is one of three buildings in the Wendelin Park master plan by Structured Development. Designed by GREC Architects, the building features a textured gray facade complemented by red metal accents.
The Seng offers two- to four-bedroom units, designed for households with incomes up to 120% of the Area Median Income (AMI). For equitable access, buyers must obtain preapproval for traditional, FHA, or VA loans and be certified by a program overseen by the Chicago Housing Trust. Two-bedroom units range from 824-868 square feet, priced from $285,134. The three-bedroom homes are between 988-1,186 square feet, starting at $333,734. The largest four-bedroom units measure 1,153-1,378 square feet and have a base price of $374,696.
Within The Seng, units are equipped with large windows, nine-foot ceilings, modern finishes, and kitchens that include GE stainless steel appliances, Kohler chrome faucets, quartzite countertops, and two-tone cabinetry. Each unit also provides in-unit laundry facilities and an assigned garage parking space. Specific units are also designed with accessibility features.
The building offers a range of amenities to its residents, including a communal second-level terrace, secure bike storage, and a fitness center.
The Seng is named in honor of Wendelin Seng, a German immigrant who founded a furniture company on the site in 1874. The building’s lobby now showcases artifacts and art from that period.
Structured Development’s co-founding principal, Mike Drew, reflected on The Seng’s traction: “Having over half of The Seng units under contract illustrates the demand for entry-level homeownership in gentrified neighborhoods like Lincoln Park,” said Drew. “We are proud to be a part of the buyer’s homeownership journey, particularly at a time when working Chicagoans are faced with rising expenses and a shrinking supply of attainable for-sale housing options. We look forward to welcoming additional residents to The Seng and helping them in their very first opportunity to build wealth through homeownership.”
The larger Wendelin Park development comprises a total of 487 units. This ensemble includes the Post Chicago co-living space and the Foundry, a market-rate rental tower expected to be completed in 2024. Central to this development is Wendelin Park, which provides amenities like a nature play area, a dog run, a community garden, and a prominent sculpture titled “Red Tree Uprising” crafted by local artist Ruth Aizuss Migdal.
The development is closely connect to multiple entertainment and retail venues such as the NEWCITY shopping center , Whole Foods, Apple, and Steppenwolf Theatre. The area also includes the Wild Mile, a floating eco-park along the Chicago River’s north branch. For transit, the North/Clybourn Red Line station is within a five-minute walk, while the location offers various bus routes and close access to I-90.