Brickwork is progressing rapidly at 1400 W Monroe Street, a seven-story condominium mid-rise underway near the southwest corner of West Loop. Dubbed “1400 Monroe” and planned by JK Equities, the residential project will yield a total of 42 residences, ranging from two- to four-bedroom units. These listings begin at approximately $800,000 for a one-bedroom, $1 million for a two-bedroom, and $2.5 million for a four-bedroom penthouse.
Articles by Jack Crawford
Since YIMBY’s last update, brick facade work has made significant progress at Broadway Youth Center, a new five-story interdisciplinary wellness center by Howard Brown Health. Situated at 1023 W Irving Park Road in Lake View, the project will be geared towards LGBTQ youth ages 12-24, particularly those who do not have stable housing situations.
Work has officially broken ground at 410 S Wabash Avenue in The Loop, where developer LMC has planned a 25-story mixed-use tower. The project is set to yield 8,000 square feet of ground-level retail and 344 apartments on the upper floors. These units will be divided into 220 studios, 60 one-bedrooms, 61 two-bedrooms, and three three-bedrooms.
Demolition permits have been issued for a three-story residential building located at Palmer Square‘s 2033 N Albany Avenue. The structure is set back from the street, and owned by MK Builders & Construction. While the owner’s plans have not yet been published, the property is zoned under RS-3, which allows for single family residences and two-flats. RS-3 also permits a floor area ratio of 0.9, whereby any new building may have up to 90 percent of the square footage of the containing lot. As of now, it is unknown if the owner will seek a zoning change for allow for more density.
Foundation work is now underway at Uptown‘s 4600 N Kenmore Avenue, where developer Cedar St. Companies is building a new five-story mixed-use building. As part of the project, the developer is converting an existing two-story bank at the adjacent 1050 W Wilson Avenue into a new venue for Double Door music.