The City of Chicago has issued a new construction permit for a four-story masonry building at 3219 North Elston Avenue in Avondale. The permit, issued on June 10, allows for the construction of a mixed-use building with a basement, front balconies, and a private rooftop deck.
The building will consist of four dwelling units and one business unit, with three outdoor parking spaces, a trash enclosure, and a fence in the rear. The permit application process began on May 17, 2023, and took 390 days to complete. The total fees paid for the permit amount to $5,829, which includes $3,250 in building fees, $75 in zoning fees, and $2,504 in other fees.
The project involves several key stakeholders, including the owner Damian Bak and architect Peter Sterniuk. The reported cost of construction is $689,000.
When complete, 3219 North Elston Avenue will be located steps from stops for the 77 and 94 bus lines. Beyond that, the Belmont CTA Station, which services the Blue Line, will be a 16 minute walk from the property.
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4 units and under $200k each…
Wtf is with Chicago and its inability to produce truly “affordable” units?
These are prices that could help eliminate a good chunk of section 8 housing if they managed resources well. Getting homes under $100k is clearly a manageable goal if we’d let developers deliver on what they do best. Sprinkle some subsidies if we can’t manage blowing all assets on one vanity project.
Fingers crossed ADU’s and coach houses get city-wide approval. And that doesn’t mean freeze ALL development amongst popular areas: Pilsen, 606 Trail, Lincoln Park, etc.
I’m not trying to be argumentative, but the current top-down financial system won’t bring broadly affordable housing. Developers have zero incentive for creating affordable housing unless compelled, and they’ve shown little ability to do that in most dense urban environments. All of the incentives are geared toward higher profit margins and increasing home values. I do absolutely agree about the city’s issues not helping, but that’s a piece of a broader issue.
I fully agree with you on coach houses and ADUs. Zoning needs to be liberalized further to allow single family homes to be converted to 2-flats and 3-flats throughout the city. There’s no reason we should be restricting any part of the city to only single family homes.
I very much appreciate the bold architecture tied with big names that began to populate chunks of the South and West Sides.
If the upmost goal was to produce as much housing on the cheapest bill, they’ve failed miserably. But all those projects aren’t that. They are broken promises in an attempt to remediate decades of neglect. The budgets are high because the project are so much more than simply producing housing.
With mismanagement of Covid funds, CTA maintenance, one of THE most expensive (flawed) public school systems, a housing department squatting on thousands of properties, millions being dumped and wasted on the migrant crisis, and a public park system with the inability to micromanage or open/maintain its facilities, if getting people housed was a goal, it certainly isn’t a priority.
Very true the average developer will not create housing units for the lowest 20% to afford, but let them do what they do best, partner with the private sector, and with just a little money coming from the city, one of those $175k units could be closer to $100k or less. Not everything needs to be for that type of occupant and nor should it be. We all know concentrations of poverty are ill-advised. I am quite liberal with my ideology, but free handouts for everything is not fair or sustainable for society. One of the best means to achieve housing affordability is to saturate the supply. Fortunately for Chicago, we have the land (tons of it). The next step is to stop letting the city be the developer. Offer up incentives in neglected areas, but stop taking the lead. Allow the developers to approach with almost zero restrictions (ones that make sense for the neighborhood of course) and be a partner, not the soul proprietor.