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