Wicker Park Residential Project Advances at North and Hermitage

• Halcyon Development Group is moving forward with a new mixed-use residential building in Wicker Park.
• The five-story project will include eight residential units, ground-floor retail space, and parking.
• Hanna Architects designed the development, with construction now rising above street level.

What the Development Includes

Construction is progressing at 1604 North Hermitage Avenue, where a new mixed-use residential project is taking shape in Chicago’s highly sought-after Wicker Park and Bucktown area. The five-story building is being developed by Halcyon Development Group and will replace two older commercial-residential properties that were demolished earlier this year. The project will bring eight residences above ground-floor retail space, helping maintain an active commercial presence along North Avenue while adding new housing inventory to the neighborhood.

What the Residential Project Will Offer

All eight residences will occupy the building’s upper four floors and are expected to feature private balconies. The development is also anticipated to deliver for-sale condominium units, although official sales details have not yet been announced. Residents will have access to rooftop outdoor space, while the property will also include an eight-car garage located within the building. The combination of limited-unit luxury residences and neighborhood retail reflects a common development strategy increasingly used throughout Chicago’s urban infill markets.

What the Design Brings to the Site

The project was designed by Hanna Architects and is being constructed by BM UK Enterprise. Current construction activity shows masonry work progressing on the first floor, with brick and block installation already visible along portions of the exterior. The development is designed to maximize a relatively compact urban site while maintaining street-level engagement through retail space and pedestrian-friendly design elements.

What This Means for Wicker Park Development

Wicker Park continues to attract new residential investment because of its strong retail corridors, transit accessibility, and proximity to downtown Chicago. The project sits just a short walk from the Damen Blue Line station, providing direct transit access to the Loop and O’Hare International Airport. Developers remain active in the neighborhood despite limited development opportunities, often targeting smaller infill sites capable of supporting boutique residential projects.

What the Industry Will Watch Next

The project received its construction permit earlier this year and is now steadily moving through vertical construction. As work continues, attention will shift toward exterior completion, interior buildout, and eventual condominium marketing activity. For developers and investors, the project highlights the continued strength of Chicago’s boutique residential market, where well-located small-scale developments remain attractive despite broader market challenges.

What This Says About Urban Infill Opportunities

The redevelopment of former mixed-use buildings into higher-density residential projects remains a key trend across many Chicago neighborhoods. Projects like 1604 North Hermitage demonstrate how developers can create new housing opportunities while preserving active commercial uses and supporting walkable urban environments. As available development sites become increasingly scarce in established neighborhoods, infill projects are expected to remain a major component of Chicago’s residential growth strategy.