Real Estate & Development News
The long-shuttered Wrigley factory at West 35th Street and South Ashland Avenue is being torn down and replaced by a last-mile shipping warehouse, one of a string of similar developments in the McKinley Park neighborhood.
- The long-shuttered Wrigley factory at West 35th Street and South Ashland Avenue will soon be demolished.
- New last-mile shipping warehouse to rise this summer, one of several similar developments in the neighborhood.
- Alderman, property management speak to site advantages and balancing industrial and residential interests.
Read more: Former Wrigley Factory Making Way for Last-Mile Warehouse
Neighbors and pet lovers are encouraged to make use of the now-open dog-friendly area in McKinley Park, the first dog park on the Southwest Side and the result of volunteer work by the McKinley Dog Park Advisory Council.
- The new dog-friendly area in McKinley Park is now open for use by hounds and their humans.
- This is the first dog park on the Southwest Side, the result of work by the all-volunteer McKinley Dog Park Advisory Council.
- A grand opening will follow final dog park improvements this spring.
1 commentsRead more: McKinley Park Dog Park Presents Soft (and Fuzzy) Opening
The Town Hall of the Southwest Environmental Alliance marshals community activists and elected officials to address local pollution, announce a community health study and oppose the permit for MAT Asphalt.
- The Southwest Environmental Alliance meeting draws a capacity crowd to the National Latino Education Institute.
- Elected officials attend from federal, state, county and city levels.
- New UIC study will measure pollution impact on local communities; group rallies opposition to MAT Asphalt permit.
The residential real estate market in the McKinley Park neighborhood of Chicago showed signs of continued strength in the third quarter of 2019, according to home sales data compiled and presented by Chicago Agent magazine. The real estate-focused publication listed the days-on-market and pricing-over-ask data for all Chicago community areas in its articles "Where Properties Moved the Fastest in Q3 2019" and "Where Sellers Got More Than They Asked For in Q3 2019."
With an average of 42 days on the market, McKinley Park came in as the seventh-fastest-selling neighborhood in the third quarter (tying with the Clearing neighborhood), according to the Chicago Agent articles. Homes in the McKinley Park neighborhood sold over the asking price in the third quarter for an average of $15,483, the pricing article stated.
Read more: McKinley Park Cracks Top Ten in Time-To-Market, Averages $15K Over Ask for Home Sales
A crowd of more than 60 filled the soaring workout room of Park No. 571 in Chicago's Bridgeport neighborhood on Wednesday, November 20, most standing for over 1-1/2 hours to hear details of the pending Cougle Foods development across from the park, on the other side of the South Branch of the Chicago River (aka Bubbly Creek). Hosted by 25th Ward Alderman Byron Sigcho-Lopez in collaboration with 11th Ward Alderman Patrick D. Thompson, the meeting included presentations from the father-son duo running Cougle Foods: Lee and Ed Freidheim.
For owner Lee Freidheim, the site at 2841 S. Ashland Ave. is great for Cougle Foods because of its location in a food production district and its proximity to customers and employees. "To us, a Planned Manufacturing District is an ideal location," he said.
Read more: Aldermen, Cougle Foods Family Present Planned Poultry Plant to Neighborhood
