McKinley Park Existing Conditions Report

Two districts in McKinley Park are included in the National Register of Historic Places. The Original East District is bounded by Ashland Avenue to the west, the Chicago River to the east, 35th Street to the north, and Pershing Road to the south. The district encompasses many of the buildings within the current PMD 8. Historic buildings within the CMD, which stretches along the southern border of the study area, are included in the Pershing Road District.

Both historic districts offer various financial incentives for rehabilitation of designated buildings, including a 20% federal and 25% state rehabilitation tax credit. Additionally if a commercial or industrial building is a City of Chicago landmark, incentives for rehabilitation include a 12-year property tax reduction, permit fee waivers, as well as facade rebate programs.