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Chicago & Midwest  + North Side  + Retail  |  June 11, 2024
Jasmine Kilman
By: Jasmine Kilman

Condos Planned for Shuttered CVS Site in Lincoln Park

One of several Chicago-area CVS pharmacy locations that recently closed is set for redevelopment, including condos.

The site at 401 W. Armitage Avenue, which was once home to a CVS location in Lincoln Park, will be overhauled and feature residential units priced between $2 million and $3 million, according to Crain’s. Barrett Homes bought the roughly 8,850-square-foot site for $4.2 million.

Danny Glick of @properties Christie’s International Real Estate represented both the buyer, Barrett, and the seller, which Cook County records identify as Eric Roth, a New York-based real estate investor, per Crain’s. Bridgeport architecture firm 360 Design Studio will design the structure, which will include indoor parking.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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