New 252-Unit Apartment Development Approved For Old Town

Posted by Helaine Cohen on Sunday, December 18th, 2016 at 3:32pm.

A new proposal recently made headlines that could possibly bring 252 new apartments to Chicago’s highly-coveted Old Town neighborhood. According to a recent report from Curbed, the Chicago Plan Commission has approved a new, large-scale development that would ultimately replace Old Town’s Noble Horse Theatre if built. 

An initial rendering has already been released of the possible project by developer LG, and the project’s design is apparently from Chicago-based NORR Architects. Located at 1415 N. Sedgwick, the proposed transit-oriented development would ultimately stand seven stories high, and as mentioned, include 252 new apartment residences. The project would also include 89 parking spaces, but given its close proximity to a CTA station less than two blocks to the north, many residents won’t need a car once moving into the building. 

Further details have yet to be released about 1415 N. Sedgwick, however, the project’s ideal location also sits just a few blocks off Old Town’s lively stretch of Wells Street, as well as a number of other local amenities and attractions that all help combine to make Old Town one of Chicago’s best downtown neighborhoods. 

Helaine Cohen, Chicago Real Estate Broker

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