LOGAN SQUARE — The neighborhood is getting another coffee shop.
Earlier this week, Baum Revision was issued a $100,000 permit to build a coffee shop in a vacant storefront at 1965 N. Milwaukee Ave., on the Western-facing side of the large building that houses beloved ice cream parlor Margie’s Candies.
Baum, the real estate company that owns the building, has a lease with a specific tenant, according to Todd Glickman, Baum’s COO for residential development. Glickman wouldn’t say who the tenant was, however.
The news comes roughly six months after Baum scored a $3.7 million building permit to renovate the entire building and add 20 apartments to the second floor. The project didn’t require a zoning change.
Technically in Logan Square, the building also borders Bucktown, and is not too far from nearby Wicker Park and Humboldt Park.
Built in 1917 for First Securities Bank, the building was later acquired by Cole Taylor Bank. A branch of Cole Taylor bank that was adjacent to Margie’s closed in December 2014 when MB Financial acquired Cole Taylor bank, according to reports.
Peter Poulos, owner of Margie’s, previously said that Margie’s Candies was called First Securities Candies when it opened in 1921. The name was changed in 1933 when his father, George Poulos, became the shop’s sole owner and named it for his wife, Margie.
After the building was sold two years ago, Poulos told DNAinfo he welcomes the potential improvements from new landlords.
“I am supportive of the plan; it’s better for the community. More jobs, more people working,” Poulos previously said.
Do stories like this matter to you? Subscribe to Block Club Chicago. Every dime we make funds reporting from Chicago’s neighborhoods.