The Chicago City Council has approved the rezoning for 4642 N. Magnolia. Planned by Finan Development Corp, the site is midblock between W. Wilson Ave and W. Leland Ave. The previous building on the property was demolished back in 2014.
With Laszlo Simovic Architects in charge of the design, the new building will be a three-story residential building. Set to include six apartments, the units will include two four-bedroom duplexes and four two-bedroom units. Residents will have 6 parking spaces accessed from the alley.
Rising 44 feet, the building’s exterior will be clad in Endicott ironspot brick with limestone accents. Residents will have access to private balconies facing the street, with third floor units having private access to the roof.
With approval from the City Council, the developer can move forward with developing the property. Permits have yet to be filed and a timeline is currently unknown.