Apartments Coming to 301 W North Avenue in Old Town

Posted by Helaine Cohen on Friday, May 27th, 2016 at 11:23am.

301 N. Avenue RentalsNew apartments are set to be developed at North Park and North in Old Town, currently the location of a parking lot on the southwest corner. Officially identified as 301 W North Avenue, the finished development will eventually include 69 separate rental units, ranging in size from 600 to 1,300 square feet.

Along with the one, two- and three-bedroom rentals, the building will also include rooftop space for residents to enjoy as well as retail stores on the ground floor. In addition, the building permit reveals that the project will offer an underground parking garage.

With a brick exterior design, the building joins two others also slated for development in the area by Sedgwick Properties. They include a 60-unit, seven-story development at 1325 N Wells and a six-story project at 437 W North Avenue. The Wells development is slated to be delivered in Spring 2017 while the newly planned 301 W North project is slated for a fall 2017 opening.

Much of Old Town is being transformed right now, bringing new residential units, retail space and parking to the area.

Helaine Cohen, Chicago Real Estate Broker

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