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In Lakeview, new condos on tap for Southport Corridor drive-through bank

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The development will contain 13 residential units and a new space for Byline Bank

3150 N. Southport
Mavrek Development

A mixed-use development is headed to the southwest corner of Southport and Belmont avenues in Chicago’s Lakeview neighborhood. Slated for the current site of Byline Bank, the four-story project from Mavrek Development will feature 13 large for-sale units and new ground-floor space leased to the business it replaces.

First reported by Southport Corridor News, the upcoming development is comprised of two- and three-bedroom units ranging from 1,350 to 2,500 square feet in size. Each includes private balconies in addition to an unspecified number of parking spaces in an attached garage. Unit pricing has yet to be announced.

The new building at 3150 N. Southport Avenue appears considerably more sophisticated in its design compared to most recent neighborhood infill developments of similar size. Renderings by 360 Design Studio posted on Mavrek’s webpage—and Instagram—show a traditional dark brick facade topped by a highly detailed cornice with dentil molding.

The developer hopes to begin construction in September. During that time, Byline Bank will move to temporary offices at 1362 W. Belmont Avenue and return once the project is completed in the fall or winter of 2019. The project is able to forward “as of right” and will not require a zoning change.

The development is located just across the street from a proposed five-story, 24-unit, transit-oriented rental project replacing the single-story former Flat Top Grill building. Also nearby is the Tied House addition to Scubas Tavern at 3159 N. Southport Avenue and a four-story TOD at 3334 N. Southport Avenue.