New houses coming to West Lakeview – Crain’s Chicago Business

0
18
new-houses-coming-to-west-lakeview-–-crain’s-chicago-business

In a part of West Lakeview that has been made over from industrial to residential use over the past 25 years, one of the last vacant parcels is about to get 18 new homes. 

On 18 lots on both sides of Wolfram Street east of Paulina Street, an entity headed by longtime Chicago developer Keith Giles plans houses with prices starting at a little over $1.7 million. 

The vacant parcel, most recently used by a plant nursery, was owned by an arm of Alto Manufacturing, a metal fabrication company on Ashland Avenue just east of the lots. In September, a legal entity headed by Giles and Mao Mei, a developer and builder based in Bridgeport, bought the lots for $4.72 million, according to the Cook County Recorder of Deeds. 

“It’s a great location to build new houses and fill in a spot in the neighborhood,” Giles said. Nearly all of the roughly 14-square-block area bounded by Wellington and Wrightwood avenues, Paulina and Metra tracks is residential buildings that replaced industrial since the latter decades of the 20th century. 

Also within those boundaries is 2-acre Chi Che Wang Park, named for a pioneering woman scientist in Chicago. The park is about a block from the new Wolfram homes’ site. 

“It’s not just what’s in these homes but what’s around them: the parks, schools and amenities,” said Cyndy Salgado, vice president of sales for @properties development group, which will represent the homes. 

The site is five lots on the south side of Wolfram and 13 on the north. 

Designed by architecture firm Pappageorge Haymes Partners with interiors by Mood Design + Build, the houses will have traditional brick and limestone exteriors and rooftop decks on both the house and the detached garage, Giles said. 

The houses, two and three stories above ground with basements and up to six bedrooms, will range from 3,867 to 4,650 square feet. 

Giles said site work began recently and he expects to have a model ready in the first few months of 2022, with delivery of finished homes at the end of the summer.