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Chicago

Strauss Realty to build 48-unit rental project on the North Side

The complex in the North Center neighborhood will rise on site of a car lot

Dale Strauss and the property
Dale Strauss and the property

Strauss Realty will build a five-story apartment building along Western Avenue in North Center.

The city granted the Chicago firm a building permit for the project at 2405 West Hutchinson Street, which will include 48 apartments over ground-floor retail. Nine of the units will be studios.

The project is expected to cost $8 million, according to documents filed with the firm’s building permit application.

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The site, currently an auto sales business, will feature 48 parking spaces.

The architect is Jonathan Splitt Architects and the general contractor is John James Construction.

The building sits a couple blocks east of the North Branch of the Chicago River, a couple of miles north of where Related Midwest is in the middle of a massive redevelopment of the former Lathrop Homes’ public housing complex.

A recent report showed that despite a flood of new multifamily construction, occupancy rates were holding steady and rent growth remained strong.

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ApartmentsCommercial Real Estate