Construction Underway For Elevate Apartments in Lincoln Park

Posted by Helaine Cohen on Thursday, November 3rd, 2016 at 1:12pm.

While development around downtown Chicago has been widespread throughout much of 2016, new projects are also continuing to pop up around Lincoln Park as well. Most recently, a new mixed-use development called Elevate is grabbing the attention of area residents, which will include 191 new apartment residences, 16,300 square feet of ground level retail space, and parking for 138 vehicles once fully finished. 

Earlier in the month, developers of Elevate officially broke ground at the building site, which is located at 2518-2549 N. Lincoln Avenue. With Jonquil Park, two “L” stations, and countless restaurants, shops, and bars nearby, the location of Elevate should be attractive to just about anybody looking for a new Lincoln Park apartment, especially after you consider the building’s sleek and stylish interior features. 

As of now, pricing for apartments for rent at Elevate will range from $1,800 for a studio unit and go up to around $4,000 for a sprawling 2-bedroom. Look for construction to wrap-up sometime in the summer of 2017 and first move-ins to be scheduled sometime shortly after. 

Helaine Cohen, Chicago Real Estate Broker

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