Condos Now Slated For Expansive Triple Lot in Lincoln Park
Posted by Leo Clark. on Monday, November 15th, 2021 at 10:23am.
The site of a proposed mega-house in Lincoln Park now appears to be slated for condos. At one time the owner of the triple lot was on track to construct a new, 25,000 square foot home.
Without any zoning changes, the lot could have resulted in a more than 15,000 square foot home on Howe Street. The previous owner paid nearly $6 million for the lot, then demolished its two buildings in 2020.
A year later, the lot was back on the market and ready for a new buyer once again. The new plan is to turn the lot into a six-unit condo building.
According to reports, four of the six units in the future building are already under contract. At one time the project was to turn the property into eight units but two buyers wanted full-floor units, bringing the total number of condos down to six.
It’s expected the condos will be in the $1.5 million to $3 million range. As for now, floorplans have not been completed.
Interested in new development in Lincoln Park? Search new construction homes and condos in Lincoln Park or to schedule a private showing at a home or condo you would like to see, call or text our team of Lincoln Park REALTORS® at (312) 280-9600!