The first permit has been issued to begin construction on a seven-story, 91-unit residential development on the northwest corner of North Sheridan and West Irving Park Roads in Uptown. Catapult Real Estate Solutions is the developer and recipient of the permit, which had been pending in the Chicago Data Portal since November 25 of last year and came through on the 3rd of April. It includes a reported cost of $31.5 million, which seems more likely to be the reported cost of all construction permits rather than just the caissons.
Two pending demolition permits will need to be issued before work here can get started. The single-story building at 4000 North Sheridan, home of the Holiday Club bar, will be demolished. And 1016 West Irving Park Road, an adjacent three-story, multi-unit residential building, will also be razed. Each of those demo permits has been pending in the portal since March 18. Precision Excavation will perform the teardowns.
The full building permit has been pending in the portal since January 15. There is also a pending permit for a “crane mat slab.” While that permit doesn’t specify that a tower crane will be required for construction, a similarly-worded mat slab permit was issued in 2023 for Illinois Masonic in Lake View, and that led to a subsequent tower crane permit. We’ll keep an eye on the portal to see if a tower crane permit comes in for this project.

Site plan of 4006 North Sheridan Road by Built Form LLC

Floor plans for 4006 North Sheridan Road by Built Form LLC

South elevation rendering of 4006 North Sheridan Road by Built Form LLC
The new building, addressed as 4006 North Sheridan Road, is designed by Built Form, and Macon Construction Group will be the general contractor. All 91 residences, expected to be a mix of studio, one-bedroom, and two-bedroom floor plans, will be located on the upper six levels. The first floor will contain approximately 2,000 square feet of retail space, the residential lobby, a bike-storage room, and a 38-space parking garage.
Amenities include a fitness room, co-working space, and a top-floor lounge. Renderings show suspended or inset balconies for most, if not all, units. Rental rates are expected to range from $1,700 to $2,500 per month. No timeline for demolition, the start of construction, and unit completion has been announced.

Holiday Club, 4000 North Sheridan Road. Photo by Daniel Schell

1016 West Irving Park Road, via Google Street View

Site context of 4006 North Sheridan Road, via Google Maps

Local transit options, via Google Maps
4006 North Sheridan is located half a block north of the Sheridan Red Line elevated platform. East-west Route 80 and north-south Route 151 CTA buses stop at the Irving Park/Sheridan Road intersection.
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I know it has been said a million times. But putting this on any of the other 3 corners of this intersection would have been better…
I know the hospital and Walgreens are unlikely to sell. I am curious about the long vacant building on the SW corner, and how Byrons Hot Dogs has so much lot for such a small storefront.
Another ugly box replacing beautiful vintage architecture.
Heard facade will be saved and re used. Putting 90 units where 15 units currently stand in a city that is lacking supply is a good move. Haters just seem to keep hating.
The old building had 45 units, not 15, all of which were 2 bedrooms.
The new building will include 11 studios, 46 one-beds, and 34 two-beds. Studios will be in the 500 square foot range, priced at approximately $1,700/month, one-beds will be around 700 square feet renting at $1,900/month, and two-beds will be about 1,000 square feet renting for approximately $2,500/month.
Source: Urbanize and Chicago records
Great added density across from a train station, will make it even harder for CTA to eventually straighten that curve that they so desperately want to.
The real tragedy in all of this though is not utilizing any of the existing structure in the new design like they did with the Eagle building further south at Broadway/W Sheridan. Great craftsmanship that has stood for 100 years to be replaced by cheap garbage. :-/
Was it really that difficult for the architects to find a way to incorporate the front facade for commercial use into the proposed design?
Genuinely disgusting project. Fully leased commercial space, fully leased apartment building in a great vintage walk up all gone while the adjacent land use is single story or completely vacant. What. Are. We. Doing.
Sorry but Built Form’s work is in the running for the worst stuff going up in all of Chicago.
A plastic-covered plywood box that could be anywhere replacing beautiful, dense, classic masonry Chicago vernacular architecture.
The city and its people deserve better. We can’t sit around while developers rip out our architectural heritage and replace it with disposable sunbelt trash.
I’ll be reaching out to the office of Uptown’s alderperson, Angela Clay, to let her know how I feel. I would encourage everyone who feels the same to do so as well.
If you want to make your voice heard:
info@46thWard.com
773-878-4646
I agree with all of the comments. It’s a race to the bottom for Chicago’s architectural development. There are very few projects on the drawing boards that emit interest and excitement.
Where are y’all hearing the facade is getting saved and reused?! And reused where because CLEARLY not on this project. It’s pretty irritating that they couldn’t find a way to adaptively reuse that beautiful ornamented terracotta on the new build! This is really starting to look more and more like any other city in the country with bland architecture that is not going to age well…
Terrible