CurbedWire is a roundup of reader-submitted development and real estate gossip around Chicago. Got something on your mind? Drop a line to firstname.lastname@example.org. We want to hear about it.
KENWOOD— We got pretty wild eyed when a tipster delivered this adaptive reuse prospect to our doorstep. RE/MAX is marketing a former Christian Science church (above) at 4840 S Dorchester as a single family or condo conversion opportunity. The run-down classical structure offers 27,000 square feet to work with at an asking price of $1.25M. The seller was asking $1.65M in 2009-10 without success. The building last sold in 2007 for $1.05M with, presumably, the same defects and a similar proposition for buyers. Will this time be different? [Curbed Inbox, Zillow]
BUCKTOWN— Developers have a reuse plan for the Marvin Envelope Building near Wicker Park-Bucktown's Six Corners. DNAinfo is reporting that a work permit for tuck pointing, window replacement, and masonry repairs appeared onsite Friday. Marc Realty wants to bring in 16 apartments on the top two floors, and Chicago Athletic Clubs has expressed interest in siting its seventh location on the first two floors. [Curbed Inbox, DNAinfo]