- When: 2025/07/16
- Address: 1840-1866 North Marcey, Chicago, Illinois 60614
- City: Chicago
- State: IL
- Category: Spot Rezoning
- Subcategory: Mixed-Use Rezoning
- Asset Class: Mixed-Use
- Property Type: High-Rise
- Size (SF): 93957 SF
- Size (AC): 2.16 AC
- Size (Units): 315 Units
- New Zoning: Residential-Business Planned Development
- New Zoning Description: Allows for the construction of a 16-story building with 294 residential units and a 27-story building with up to 315 residential units and ground-floor commercial uses, along with accessory and incidental uses and 360 total parking spaces. The overall Floor Area Ratio (FAR) will be 6.5.
- Previous Zoning: M2-3 Light Industry District
- Previous Zoning Description: Original zoning for light industry uses.
The Chicago City Council approved a rezoning for the property at 1840-1866 North Marcey, changing it from M2-3 Light Industry District to B3-3 Community Shopping District, and then establishing a Residential-Business Planned Development. This action permits the construction of two mixed-use buildings: one 16-story building with 294 residential units and another 27-story building with up to 315 residential units. The project also includes ground-floor commercial spaces, accessory and incidental uses, and 360 total parking spaces. The overall Floor Area Ratio (FAR) for the development will be 6.5. The property, currently vacant and spanning 93,957 square feet, is subject to the Affordable Requirements Ordinance (ARO).
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