A former CVS pharmacy location in Lincoln Park, Chicago is undergoing redevelopment to make way for luxury condos priced at $2-3 million. The 8,850-square-foot site at 401 W. Armitage Avenue was purchased by Barrett Homes for $4.2 million and will be designed by Bridgeport architecture firm 360 Design Studio with indoor parking included.
According to Crain’s, the seller of the property was identified as New York-based real estate investor Eric Roth and the buyer was represented by Danny Glick of @properties Christie’s International Real Estate.
The transformation of this prime location into high-end residential units highlights the demand for upscale living options in Chicago’s vibrant neighborhoods. With its convenient location and modern design, this development is sure to attract discerning buyers looking for a luxurious lifestyle in Lincoln Park.
