RAVENSWOOD — A plan to tear down four buildings and build a courtyard apartment building with affordable housing has the approval of Ald. Matt Martin (47th).
The proposed building for 4907-4917 N. Paulina St. would have 32 apartments, eight of which would be set aside as affordable housing.
Martin decided to approve the owner’s application to rezone the four properties after the owner agreed to increase the number of affordable units from 10 percent, the minimum mandated by the city, to 25 percent.
The new building will have four studios, four 2-bedroom units, 18 1-bedroom units, four 2-bedroom duplexes and two 3-bedroom duplexes.
The new building would also feature rooftop solar panels, high-performance insulation and qualify for ComEd Energy’s efficiency program review.
The parking area will have 32 spaces and include permeable pavers. The lot will also have landscaped greenery to address concerns about the view from the Bethany Methodist retirement community nearby.
There are currently three 2-flat buildings and one single family home where the new building is being proposed. Two of those 2-flats are being used as offices.
The front of the new building will be setback 20 feet to more closely match the rest of the street as a response to resident concerns, according to Martin’s office.
Construction is expected to begin sometime this fall, said Josh Mark, Martin’s director of development and infrastructure.
Do stories like this matter to you? Subscribe to Block Club Chicago. Every dime we make funds reporting from Chicago’s neighborhoods.
Already subscribe? Click here to support Block Club with a tax-deductible donation.
Comments are closed.