Since our last update, the two-story retail development at 113 E Oak Street in Near North Side has completed construction. Spanning 5,050 square feet, the new building was developed by 113 E Oak Street LLC with an equal distribution of space between its two floors. The first and second floors offer approximately 2,600 and 2,500 square feet, respectively.
With its masonry walls now complete, the two-story 113 E Oak Street is currently awaiting window installation near Magnificent Mile in Near North Side. This 5,050-square-foot retail structure developed by 113 E Oak Street LLC will be equally divided in space between the two floors.
Last month, a new four-story commercial building opened at 1111 W Addison Street, directly across the Addison & Clark intersection from Wrigley Field. Planned by West Addison Development, the roughly 60,000 square feet of programming includes just under 16,000 square feet of ground-level retail and a climbing/fitness gym on the upper floors. The recent construction replaces a former single-story Taco Bell restaurant.
Construction is now complete for a seven-story residential building known as 1400 Monroe, located at 1400 W Monroe Street near the southwest corner of West Loop. The developer, JK Equities, has provided a total of 42 condominium units, ranging from two- to four-bedroom layouts. While the majority of the units are now sold, the remaining eight units are three-bedroom residences, ranging from 1,668 square feet to 1,958 square feet, and beginning at $1 million.
Cladding and window installation are wrapping up for 1400 Monroe Street, a seven-story residential building in West Loop by JK Equities Prior to construction, the property housed a three-story masonry building. The replacement, known as 1400 Monroe, is set to yield a total of 42 condominiums ranging between two- and four-bedroom residences. Prices begin at $800,000 for a one-bedroom, $1 million for a two-bedroom, and $2.5 million for a four-bedroom. Layout sizes, meanwhile, will fall between 1,242 and 3,887 square feet.
