CHICAGO—The last piece has fallen into place for the development of Logan Square's latest transit-oriented development. Armitage Milwaukee Development just completed the sale of the historic Weyland building, located at 1970-84 N. Milwaukee Ave., to CRG Real Estate Solutions, a wholly owned subsidiary of Clayco, Inc. The developer says it will incorporate the Weyland into the 132-unit building it plans to create on the site, rather than tearing it down.
Designed by famed Chicago architect John Ahlschlager and built in 1907, the three-story property includes four apartments, almost 5,000 square feet of ground floor retail and ample parking. The new development will include 7,000 square feet of retail and 13 affordable apartments.
“Clayco originally wanted 140 units on site and to take the building down,” Chet Kondas of Chicago-based 33 Realty tells GlobeSt.com. He represented the seller in the transaction while Chicago Real Estate Resources' Justin Moore represented the buyer. But historic preservationists and other community groups began to argue that the building should be preserved, so Clayco, which recently finished the $333 million headquarters for Zurich North America, made adjustments to the original plan.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
