Residential


Rendering of 1404 W Monroe Street

Facade Takes Shape at 1400 Monroe in West Loop

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.

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2033 N Albany Avenue

Demolition Permits Issued for 2033 N Albany Avenue in Palmer Square

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.

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