Full Permit Issued For 91 Units At 4006 North Sheridan, But Demolitions Still Pending

4006 North Sheridan Road caissons permittedThe full permit has been issued to replace the Holiday Club and other structures at Irving Park and Sheridan Road.

The full building permit has been issued for the residential redevelopment of 4006 North Sheridan Road in Uptown, as three demolition permits continue to pend in the Chicago Data Portal to clear space for it. After receiving a caisson permit on April 3, developer Catapult Real Estate Solutions got permission to build out the entire project that’s slated to take over the northwest corner of Sheridan and Irving Park Roads.

4006 North Sheridan Road caissons permitted

Site context of 4006 North Sheridan Road, via Google Maps

4006 North Sheridan Road caisson permitted

Rendering of 4006 North Sheridan Road by Built Form LLC

The caisson permit carries a reported cost of $31.5 million, and the full permit $23 million, with caissons not likely requiring that large of a figure. There is also a permit issued on July 20 for a “crane mat slab.” Exactly what type of crane will be used for construction is still unclear. There are still permits pending to tear down the three buildings that occupy the site, including the now-closed Holiday Club bar on the corner. Once those come through, Precision Excavation has been tapped to do the razing.

Plans for 4006 N Sheridan Road by Built Form LLC

The full permit calls for a seven-story building, the upper six levels of which will hold its 91 dwelling units. The first floor will include parking for 38 cars, 2,000 square feet of retail space, and the residential lobby. Built Form LLC is the design architect. An express permit issued on July 21 designated Summit Design + Build as the new general contractor. There has been no indication as to when demolitions can begin, and a timeline for construction and unit delivery has not been confirmed.

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17 Comments on "Full Permit Issued For 91 Units At 4006 North Sheridan, But Demolitions Still Pending"

  1. Does anybody know what the net change in number of units will be? I really hate to see already established housing torn down right across the street from an empty lot.

  2. What a disaster!! The lot across the street has been empty for years. Who is the Alderperson here?? Just bad urban planning.

    • The City doesn’t get to choose when people sell their property. If the economics were there, the other lot would have developed too. Clearly, this is where property was for sale and it was determined that investment was profitable.

      • The whole block across the street is owned by Thorek and they’ve land banked and not paid taxes on valuable real estate for years. It’s disgusting.

  3. Too much damn parking on the ground floor. This is a TOD across from train station and multiple bus lines. Reduce the parking and increase the retail frontage. Why are the retail spaces have access to the residential lobby and elevators in order to take the trash out? The retail and residential areas need to be separated. Imagine having a restaurant in that space and they to take drag out all the wet trash and the customers having access to the elevators. Terrible lazy design.

  4. Agree with everything said so far and remember this one received a lot of comments a few weeks ago. Generally, I support higher density, but the project is ill conceived, so we’re better off with the okay-ish thing that is already there until a design that actually improves the corner comes along.

    • There is no project, no matter how well conceived, that will make the public support demolishing a popular bar for new housing.

      But we’re not a command economy, so developers have the right to build anything the zoning code allows. You won’t like it, but the 100+ additional people who can live right next to a Red Line station will appreciate it.

  5. Sylvester quast | August 16, 2026 at 3:46 pm | Reply

    And people wonder why we have a housing shortage?
    Where has Presivation chicago been the last 30 to 40 years?
    If this stuff doesn’t subside.
    There will be a high volume of people hitting the streets.
    And mostly middle class folks!
    That’s what happens when only housing for yuppies is built.
    Save Chicago housing for the poor and middle class.
    No more demolition city

  6. There’s an empty lot across the street. This is or should be criminal.

    • building was for sale
      new building was built

      it’s really that simple

      • I am aware of how it happened. It is just tragic and should be a crime. Imagine all the great and beautiful cities did this…would you still want to visit Paris, or Rome. Is Chicago destined to not be as great as those?

  7. Uninspiring.

    “This could be anywhere.”

  8. I’m generally YIMBY and no expert in economics, but this one stings. We’re tossing away perfectly usable housing, a business people generally seem to love, and a unique old building that adds to the streetscape. In its place: a bland structure that doesn’t add much character to an intersection that’s 1/4 empty lot and 1/4 suburban Walgreens.

  9. We need to take a hard look at what the city will look like in ten years. Every stone that gives us an identity will soon be swept away, replaced with this cheap and soulless architecture. Maybe that is the plan, make the city so ugly no one wants to live in it…thus the housing issue solved. THIS BUILDING HAD SO MUCH LIKE LEFT IN IT AND LOTS OF ROOM BEHIND IT FOR ADDING ON AND INCREASING ITS DENSITY!

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