Demolition permits have officially been issued for 3350 N Ashland Avenue in the Lake View neighborhood. YIMBY previously reported on the upcoming residential development in November 2021. The permits ensure the removal of the existing two-story masonry building to make way for a new four-story residential building with eight new units.
The Chicago City Council has approved the rezoning for a residential development at 3350 N Ashland Avenue in Lake View. Located just south of the corner with W Roscoe Street, developer 3350 N Ashland LLC plans to demolish the existing two-story masonry commercial building built in 1988 and has sat vacant for multiple years. With 31,348 households within a mile of the lot with a yearly median income of $115,753, the developers hope to tap into the housing boom currently seen in the city.