Developer looks to unload site of stalled Ashland Avenue condo project

A 53-unit condo project proposed for both sides of the 2700 block of N. Ashland Avenue in western Lincoln Park appears to be moving no further. Dubbed ‘The Parker 60614’—and not to be confused with the unrelated The Parker Fulton Market high-rise—the project came from developer C3, a subsidy of Northfield-based Interforum Holdings. Prices for two- and three-bedroom units were expected to range between $499,000 and $839,000.

Despite a fair amount of digging taking place on-site in early 2016, the project fell worryingly silent and, with occupancy initially announced for last fall, very much behind schedule. Meanwhile, with the website link for The Parker 60614 leading to a nonexistent page, it became pretty obvious C3 no longer plans to see the project to fruition.

Recently, a major portion of the development site popped up for sale. Totaling about three-quarters of an acre, six combined double lots on the east side of Ashland are asking $8.7 million. The parcel will retain it’s pre-approval for 36 condominium units, according to the listing notes.

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• Dozens of New Condo Units Coming to Ashland Avenue [Curbed Chicago]
• 2709 N. Ashland Ave, Chicago IL [Redfin]