Demolition of the former Fast Track fast food restaurant is complete at Lake Street and Des Plaines Avenue in the West Loop. Single-story buildings aren’t expected to take much time to tear down, and once this one got started, is was over in a hurry. With the site clear, construction can begin for the eight-story, 49-unit residential building taking its place.
A demolition permit issued January 14 for a single-family residence at 2847 North Damen Avenue in North Center paves the way for a three-unit building to take its place. The home, which real estate records indicate was built in the late 1890s, hasn’t sold since being purchased in 2014 for $500,000. It appears those buyers, under the entity of 2847 N Damen LLC, are the ones looking to triple the density of the site.
Site prep is complete, and foundation work has begun, for a new residential development on a former Byline Bank site in Uptown. Platinum Homes received a new construction permit to build at 4713 North Clark Street on January 6, and work is underway for a five-story masonry structure on the northeast corner with Leland Avenue.
The construction permit has been granted for a residential development in the Tri-Taylor neighborhood we told you about last month. The permit was issued on February 3 for 801 South Western Avenue, allowing 4Corners Real Estate to build a five-story, 36-unit building with 18 outdoor parking spaces and ground-floor retail. 4Corners will be their own general contractor, at an estimated construction cost of $500,000, according to the permit, which shows an application date of July 16, 2024.
A pair of buildings at Racine and Fulton in the Fulton Market District are in various states of destruction, as Heneghan Wrecking works to clear a site for redevelopment. A visit during the last week of January showed little remaining of the former Revel space along Fulton, and a visit Monday showed the demo crew making their way toward the front of the Christensen & Olsen Foundry Company building at 218 North Racine Avenue.
