A mixed-use development is in the works for the property at 5035 N. Sheridan. Located at the northeast corner of N. Sheridan Rd and W. Carmen Ave, the new construction will replace a one-story retail building which has already gotten a demolition permit.
Planned by DLG Management, the new construction will yield an eight-story mixed-use building. With retail space and 39 parking spaces on the ground floor, the upper seven floors will be home to 77 new residential units. Residents will also have access to 77 bike parking spaces.
With balconies lining the facade for select units, the building will be clad in brick masonry with stone detailing.
Despite being allowed within the property’s current zoning, the development must head to the Chicago Plan Commission to receive a Lakefront Protection Ordinance approval. With permits filed, the development is awaiting the LPO approval before moving forward with construction. A timeline for completion is currently unknown.