52-Unit Apartment Building Proposed for Diversey Parkway
The five-story development would replace two vacant commercial buildings near the CTA Brown Line station.
Updated on Oct. 21, 2026 in Commercial
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JAB Real Estate has filed for a zoning change to construct a five-story, 52-unit apartment building at 920 W. Diversey Parkway in Chicago. The proposal seeks to replace two existing vacant commercial buildings with new housing and ground-floor retail space.
Why it matters
The development aims to increase housing density near the Diversey Brown Line station by leveraging transit-oriented development regulations. This shift replaces underutilized commercial space with residential units designed to accommodate transit-reliant households.
The proposed 65-foot-tall structure includes 3,400 square feet of retail, seven parking spaces, and storage for 52 bicycles. The unit mix consists of 32 one-bedroom apartments, 12 one-bedroom-plus-den units, and eight two-bedroom apartments.
The players
JAB Real Estate
The developer proposing the new residential and retail project at the Diversey Parkway site.
Chicago City Council Committee on Zoning, Landmarks and Building Standards
The municipal authority responsible for reviewing and approving the project zoning change.
The details
The developer is utilizing transit-oriented development regulations, which permit a significant reduction in on-site parking in exchange for proximity to public transit. The project footprint covers two vacant lots, replacing them with a mix of residential apartments and ground-level storefronts. Residents would gain access to modern building amenities, including a communal rooftop deck.
Timeline
October 21, 2026: Zoning application filed.
The Home Front
This proposal reflects a broader trend of utilizing transit-oriented development to redevelop vacant urban lots into high-density housing. It aligns with city efforts to prioritize public transit access over private vehicle storage in growing residential corridors.
Neighbors near the site can review the project specifications and provide feedback through official channels. Residents interested in the future of the neighborhood should monitor upcoming committee hearing dates for the zoning application.
The takeaway
The proposed Diversey Parkway project signals a shift toward higher-density, transit-focused living in the area. Homeowners should track zoning committee agendas to see when the project is scheduled for a public hearing.
Further reading
Learn more about local development updates in Chicago Commercial.
More information
Residents can share feedback on the project via the 44th Ward office feedback portal.
Source note: This article includes information reported by Block Club Chicago.
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