Construction has reached the fifth and final floor for a 50-unit residential development at 5354 North Sheridan Road in the Edgewater neighborhood. Block work surrounds the site, the bulk of which fronts West Balmoral Avenue on the north side of the property. The exterior will be finished in light-colored panels and dark accents.
A new construction permit for a five-story, 50-unit building was issued on March 21, 2023 with a reported cost of $5 million. 2rz Architecture designed the building, and DOM Properties Investment is the general contractor. A March 2025 permit signified a change in ownership to Newline Development. Work didn’t get underway until last year, more than two years after the construction permit came through….
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