Plan Commission approves LPO for development at 2501 N. Clark

The Chicago Plan Commission has approved a Lakefront Protection Ordinance application for a new mixed-use development at 2501 N. Clark. Planned by Quest Realty Group, the project site is located at the intersection of N. Clark St and W. St. James Pl with a one-story retail building currently occupying the site.

Designed by Hanna Architects, the six-story building will feature 3,775 square feet of ground floor retail space with 20 residential units above. 

On the ground floor, the 3,775 square feet of retail space will occupy almost the entire floor. The residential entryway will front N. Clark St and a few mechanical spaces will be located at the back of the building. Trash and bike racks will be outside along the back of the property accessed from W. St. James Pl and there will be zero parking spaces.

With five floors of units up above, the 20 apartments will be split with four units per floor. 10 apartments will be two-bed layouts and the other 10 will be three-bedroom layouts. All units will have a private balcony and access to a shared rooftop deck. Four of the apartments will be set aside as affordable to meet ARO requirements. 

With the LPO application approved, the project is fully entitled and can move forward with permitting and construction. The development is reportedly expected to break ground in Spring 2026 at the earliest.