Parkside of Old Town

Parkside of Old Town

1152-2 N. Cleveland Avenue, Chicago IL 60610
1.5, 2, and 3-bedroom condos and townhomes available in the heart of the Gold Coast

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Parkside of Old Town is part of the redevelopment plan of the former Cabrini Extension North, which includes approximately 18 acres on the city’s Near North Side.  In 1994, CHA was awarded a $50 million HOPE VI Grant to facilitate the redevelopment of the Cabrini Extension North site and two years later, the City of Chicago created the Near North Redevelopment Initiative (“NNRI”) to direct redevelopment activities. Bounded by Halsted Street to the west, North Avenue to the north, Orleans Street to the east, and Chicago Avenue to the south, the redevelopment of Cabrini Extension North calls for the construction of 2,000 to 3,000 new housing units of which 700 would be designated for CHA residents.  The plan will also herald a new police station, two new schools, expansion/improvements of existing parks, a new public library, a new shopping center, and improvements to infrastructure. 

The 700 units for CHA residents would be built on land throughout the Near North area.  CHA began acquiring units in 2002 at off-site properties and began the construction of Parkside of Old Town in 2006 on CHA land.  Parkside of Old Town will be completed over several phases.   

Current Status

Currently under construction, Phase I of Parkside of Old Town is located along Division Street between Larrabee Street and Seward Park.   Phase 1A Condo began construction in 2006 and includes:
  • 72 new CHA rental condominium and townhomes
  • 208 affordable and market-rate condominiums and townhomes

Parkside of Old Town Phase 1B Rental began construction in 2007 and is located along Division Street from Larrabee Street to Cambridge Avenue.  Phase 1B Rental consists of:
  • 83 new CHA and affordable rental condominiums and townhomes
  • 28 market rental condominiums
  • New commercial space on Larrabee and Division

Rental Unit Features   

  • Mid-rise and 3-story townhomes, all brick construction
  • Private parking and outdoor spaces for each unit
  • New energy efficient furnaces & central air conditioners in each unit
  • New carpet flooring with tiled kitchen and bath
  • In-unit laundry hookup or coin-op laundry room
  • Wheelchair accessible and adaptable units

Community Amenities     

Parks:   Newly renovated 2-acre Seward Park with two gyms with balconies, dance studio, six club/meeting rooms, boxing ring and room, playground, two softball/soccer fields, and several outdoor basketball standards.   

Schools
:  

Retail:  A new retail shopping center anchored by Dominick’s Finer Foods is located at Division Street and Clybourn Avenue.  Parkside of Old Town is also located near several shopping centers at North and Clybourn Avenues.  The Wells Street retail district of Old Town is a short walk away to the east.

Fire:  A Fire Station is located at Division and Larrabee.

Police
:  A new 18th District Police Station is located at Division and Larrabee.

Developer / Owner 

Holsten Urban Centers
Kimball Hill Development Corporation
Cabrini Green LAC CDC

Phase 1A Condo Unit Mix: (under construction)

 Unit Size
 CHA Rental
 Afford.
 Ownership
 Market Rate
 Ownership
 Total
 1 BR
 12  6  54  72
 2 BR
 25  9  96  130
 3 BR
 29  0  22  51
 4 BR
 5  0  0  5
 5 BR
 1  0  0  1
 Total  72  14  194  280

Phase 1B Rental Unit Mix (under construction)

 Unit Size
 CHA Rental
 Afford.
Rental
 Market Rate
 Ownership
 Total
 1 BR
 4
 13
 13
 44
 2 BR
 26
 15
 15
 61
 3 BR
 4
 0
 0
 5
 4 BR
 0
 0
 0
 0
 5 BR
 1
 0
 0
 1
 Total  35
 48
 28
 111

Near North Redevelopment Sites (as of 12/2007)

Development Name

Number of Units:

Number of Units Delivered

Mohawk North

16

16

Mohawk Infill

5

5

Old Town Square

16

16

North Town Village 1

39

39

North Town Village 2

40

40

Orchard Park

13

13

Domain Lofts

16

16

Old Town Village East 1

12

12

Old Town Village East 2

16

16

Old Town Village West

38

38

Renaissance North

(535 W. North)

18

18

River Village North

25

25

River Village South

18

18

The Larrabee Condominium

4

4

River Village Pointe

12

12

Parkside Of Old Town -

Phase I Condo

72

10

825 N. Hudson

2

 

Parkside of Old Town -

Phase I Rental

35

 

Total

397

298


Downloads

Site Plan
Tenant Selection Plan