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Lincoln Park Apartment Complex On Track For Completion This Year

By Ted Cox | June 26, 2017 5:23am
 Elevate Lincoln Park has a new website and new renderings.
Elevate Lincoln Park has a new website and new renderings.
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Luxury Living Chicago Realty

LINCOLN PARK — The Elevate Lincoln Park apartment complex is as big as it's going to get. Now it just has to be finished from within, and it remains on schedule for completion by the end of the year.

"We are all but topped off," said Aaron Galvin, owner of Luxury Living Chicago Realty, exclusive agent for the apartment complex at 930 W. Altgeld St. "The top floor has been built. The building is coming along very, very nicely."

Baker Development Corp. broke ground on the project in November, and the 10-story, 191-unit building is still on schedule for completion this year.

"The mild winter definitely helped," Galvin said.

It replaced the decrepit Lincoln Centre complex, best known for its never-used rooftop tennis courts seen from passing CTA trains.

 Elevate Lincoln Park plans to offer virtual tours of its rooftop pool deck at Taste of Lincoln Avenue.
Elevate Lincoln Park plans to offer virtual tours of its rooftop pool deck at Taste of Lincoln Avenue.
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Luxury Living Chicago Realty

"This building replaces probably one of the ugliest buildings in our neighborhood, and we're very glad that it is now going to be one of the most beautiful," 43rd Ward Ald. Michele Smith said at the groundbreaking.

The rooftop tennis courts also will be replaced by a rooftop pool. While CTA passengers won't be able to see it above the 10th floor, Galvin said Elevate Lincoln Park is planning to offer virtual tours of the pool deck during Taste of Lincoln Avenue July 29 and 30.

People will be able to "walk the pool deck, essentially, and get a feel for what that's going to look like," he said.

In the meantime, Elevate Lincoln Park has a new website with renderings of the apartments. Galvin said he expected to start preleasing in the fall, with an expected "late '17, early '18 move-in."

Galvin said the monthly rentals for the apartments will start at:

• Studio: $1,750

• Convertible: $1,895

• One-bedroom: $1,995

• Two-bedroom: $2,895

• Three-bedroom: $3,995

• Penthouse "flat": $5,995

• Penthouse duplex: $12,500

Galvin said the building will have 13 penthouse "flats" available, and three penthouse duplexes.

There will also be 16,000 square feet of retail space on the lower floors, although Galvin said he was not yet ready to reveal any of the retail tenants.

"There's a lot of interest in the property," he added. "A year from now, this building will be in a very different state."