Environs Development, known primarily for its work on high-end Lincoln Park single-family homes, is bringing its design-build experience to a new condo project replacing a 7-Eleven convenience store at the northwest corner of Schubert and Lincoln avenues.
Dubbed Schubert Pointe, the upcoming four-story development will feature ten for-sale residences with two garage spaces each, private outdoor spaces, and access to communal rooftop deck with an outdoor kitchen.
Unlike larger condo developments that typically require a zoning change and a certain level of sales to move forward, the Schubert Pointe project is moving forward with relative speed and little fanfare.
“We don’t need pre-sales, so we’re off to the races,” Kevin Wood, the @properties agent leading marketing, told Curbed Chicago.
Individual units will feature 10- and 11-foot ceilings and the ability for buyers to customize. “As design-builders, we’re happy to sit down with our buyers and move walls around and pick out finishes,” added Wood. “We also think that our expansive outdoor spaces—ranging from 300 square feet to 1,400 square feet for the penthouses—will be a key selling point.”
So far, only a single 1,665-square-foot three-bedroom condo is listed for sale with a $1 million asking price. Additional units are expected to list as marketing efforts ramp up in the coming weeks and months.
Demolition of the single-story 7-Eleven building and its accompanying parking lot at 2706 N. Lincoln Avenue has been underway since the issuance of a permit last month. Wood expects Schubert Pointe to welcome its first residents by the end of 2019.
The upcoming condo development will rise across from the gas station at 2670 N. Lincoln Avenue, recently the site of a 35-unit rental proposal. That plan, however, failed to win over 43rd Ward Alderman Michele Smith who denied a request for a zoning change in April, citing lingering “traffic and safety concerns.”