Domain Group plans micro-apartments on Near North Side

Developer bought a 21K sf site from owner of Sammy's Red Hots eatery

TRD CHICAGO /
Jul.July 25, 2018 02:00 PM

Sammy’s Red Hots

The Domain Group bought the home of the longstanding Near North Side hot dog restaurant Sammy’s Red Hots, with plans to develop micro-apartments.

The Chicago developer acquired the 21,000-square-foot site at 236-238 West Division Street for $6 million from Sammy’s owner Jafar Lashkariya, according to Bisnow.

Domain wants to build a six-story, 105,000-square-foot micro-apartment building on the property, according to Imperial Realty’s Drew Neems, who represented Lashkariya. He said the site is zoned to allow for a 70-foot building. The units would be mostly studios and one-bedrooms.

The 71-year-old Sammy’s Red Hots recently reopened after a 2014 fire, in an area that includes Onni Group’s redevelopment of the Atrium Village site across the street.

JAB Real Estate, meanwhile, is selling The Northland, a 61-unit apartment building it opened last year a few blocks from Sammy’s.

Fulton Grace Realty represented Domain in the Sammy’s deal.

The iconic Wieners Circle hot dog stand a couple of miles away in Lincoln Park also could soon be looking for a new home. Its owner put it up for sale last month along with an a 17-unit apartment building next door. Current zoning would allow a new property owner to build up to six residential units above a commercial space on the Wieners Circle site. [Bisnow] — John O’Brien


Related Articles

arrow_forward_ios
PepsiCo CEO Ramon Laguarta and WeWork CEO Adam Neumann with the Old Post Office (Credit: Getty Images)

Space race: WeWork, PepsiCo may take a combined 320K sf at 601W Companies’ Old Post Office

The top five most active multifamily general contracting firms were approved to build 3.7 million square feet of residential development over the last year.

These are the top multifamily general contractors in Chicago

John Buck and Morgan Stanley want big payday for “Big Red,” former city development chief joins Clayco: Daily digest

500 Fulton Market apartment units planned, local construction industry struggles to find workers: Daily digest

Chicago casino operator probably won’t make much money, Tishman Speyer poaches JLL broker: Daily digest

J. Michael Drew of Structured Development and 1457 North Halsted Street (Credit: Google Maps)

Structured Development sells New City rental complex for under asking amid strong rental market

Homes in Chicago's Archer Heights neighborhood (Credit: iStock)

Chicago Cheat Sheet: Chicago home value growth hits 3-year low, another suburban corporate exodus…& more

1140 North Wells Street and Onni Group President Rossano de Cottiis

Onni Group refinances first of planned three Old Town apartment towers

arrow_forward_ios