As the development climate in neighborhood like Wicker Park and Logan Square continue to draw controversy and new apartment units with steep rents, Avondale is already shaping up to be the next hot neighborhood for developers. A handful of proposals with dozens of new apartments have already been introduced for the area and one more is on the horizon.
According to a letter sent to homeowners and residents near 3063-71 N. Milwaukee, a four-story, 33-unit development is being planned for the site. The notice also indicates that retail spaces will be included as well, however details on the types of residences (rental versus for sale) and the number and size of retail spaces was not listed.
The development is proposed on a site which is currently a single-story gift shop and mattress store and a large surface parking lot. A commercial real estate listing which previously had the property priced at $1.5 million shows that the Milwaukee Avenue site is currently off the market—likely pending sale contingent on a zoning change for the proposed development.
A community meeting to discuss the proposal will be held on Thursday, October 5 at the Red Apple restaurant at 3121 N. Milwaukee Avenue starting at 6:00 p.m.
This specific Milwaukee Avenue property is hardly the only one in play in the 30th Ward. A number of high-profile sites, including a sprawling four-acre site bordered by Milwaukee, Pulaski, and Belmont, are for sale and being marketed as redevelopment opportunities. There’s a good chance that Avondale could soon see even more proposals surface in the coming months.
- Sprawling 4-acre parcel in Avondale listed for sale, redevelopment [Curbed Chicago]