55-Home Project Breaks Ground in Wicker Park

A new development near the intersection of Milwaukee and Division will bring a little more density to the Polish Triangle area.

Alcove Wicker Park consists of a seven-story condo block with 43 homes, plus an additional dozen townhouses.  They’re expected to be available next year.

Rendering of Alcove Wicker Park (August 2019. Courtesy of @properties.)
Rendering of Alcove Wicker Park (August 2019. Courtesy of @properties.)

It’s a Vermillion Development project designed by Hirsch MPG.  In line with more recent expectations of larger homes in the city, the smallest units have two bedrooms and two baths in 1,365 square feet.  The largest condos are 2,430 feet.  Those feet are also square.

Condo prices run from $600,000 to $1.15 million.  If your car needs a home, that’s an additional $37k.  In the near future, Uber and Tesla both promise that your self-driving car will be able to earn its keep while you’re not using it, so that might remove some of the sting.  It’s certainly easier than making your cat a YouTube star to compensate for the money-grubbing trend of “pet rent.”

The townhouses are four stories, with 3 ½ bathrooms.  They range from just under 2,900 square feet to about 3,500 square feet.  They are clearly designed with families in mind, with dens, dining rooms, home offices, and top level living areas that access outdoor roof decks.

Townhouse prices run from $1.13 million to $1.31 million.  But considering each comes with a two-car garage, that’s like getting $75,000 off.  So the high-end condominium with two parking spaces is actually $170,000 more than the low-end townhouse, which includes two parking spaces and is a studio apartment larger.

High end condo with two parking spaces: $1,150,000 + $37,500 + $37,500 = $1,225,000.

Low-end townhouse with two parking spaces included: $1,130,000.

Check with @properties, which is marketing these homes, to make sure the math is correct and I’m not smoking crack waffles.

Editor

Author: Editor

Editor founded the Chicago Architecture Blog in 2003, after a long career in journalism. He can be reached at chicagoarchitectureinfo@gmail.com.

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