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Chicago & Midwest  + North Side  + Apartments  | 

Vermilion Development Readies Sales for Wicker Park Condos

Vermilion Development said it would begin sales soon on Alcove M.D.P., the condominium and townhome development it’s building in Wicker Park. Located at 1648-1650 Division St. and adjacent to a mixed-use rental project, Alcove M.D.P. is named for its location between Milwaukee (M), Division (D) and Paulina (P) streets.

“We’re entering the condominium market just as it’s starting to heat up again – giving buyers more options for new construction,” said Dave Cocagne, Vermilion’s president and CEO. “As many renters are making the move to homeownership, the condominiums and townhomes at Alcove M.D.P. will be a much-needed addition to this popular neighborhood.”

Aaron Galvin of Luxury Living Chicago Realty, which will co-market the units, said Alcove M.D.P. will be “the first large-scale condo development project in Wicker Park since 2007, and certainly the most unique with a highly curated sensibility.” Pre-sales will begin in early April, with deliveries in late 2019.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development
  • ◦Sale/Acquisition
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