A residential development is in the works at 3233 N. Sheffield in Lakeview. Planned by developers North Park Ventures & SNS Realty Group, the project site is located midblock along N. Sheffield Ave between W. Belmont Ave and W. School St with the CTA L tracks behind the site. The property has been home to the Torstenson’s Glass facility which is now vacant.
Designed as an all-residential building, the five-story structure is set to deliver 92 residential units, with an expected unit mix of 41 one-bedroom units and 51 two-bedroom units. Residents will have access to 25 car parking spaces and bike parking.
On the ground floor, the residential lobby will be located in the middle of the building’s street frontage with seven residential units making up the rest of the street frontage. A club room, fitness room, and bike room will be included on the ground floor as resident amenities. At the back of the site, 25 car parking spaces will be located along the alley.
Upper floors will be all-residential and typical floor plans show 20 units per floor. As part of the Affordable Requirement Ordinance (ARO), the project will include 14 affordable housing units, representing 15% of the total units.
To allow for the scope of the development, the developers are seeking to rezone the site from B3-2 to B3-5. Approvals will be needed from 44th Ward Alderman Lawson, the Committee on Zoning, and City Council. The project will be presented at the upcoming East Lake View Neighbors meeting on August 5th at 6:00pm.