5-Story Mixed-Use Building Planned for Lincoln Square

A new chapter in Lincoln Square’s urban landscape is taking shape with a mixed-use development proposed for 4943 N Damen Avenue. Spearheaded by a local developer and designed by Red Architects, the five-storey building will rise just south of W Argyle Street, replacing a one-storey commercial structure in a rapidly evolving corridor near Winnemac Park.

Contextual Design and Neighborhood Sensitivity

The new structure will stand approximately 65 feet tall and has already undergone multiple design refinements to address concerns related to neighborhood fit and visual scale. Notably, the top floor is now inset, reducing the building's street-level impact and enhancing its compatibility with the surrounding residential area. The updated façade materials further soften the building’s exterior, improving its visual appeal.

This visual step-back on the top floor creates large private terraces for the upper units, offering views of the tree-lined street while respecting the area's lower-rise architecture.

Retail and Residential Composition

Chicago Yimby reports that the ground level will provide approximately 3,000 square feet of divisible retail space, offering flexibility for neighborhood-serving businesses such as cafes, salons, or boutiques. These storefronts will front N Damen Avenue, enhancing pedestrian engagement and contributing to a more vibrant streetscape.

The upper floors will house 16 residential units — all three-bedroom layouts — signaling a clear intent to accommodate families in an area often dominated by smaller-unit inventory. Each unit will feature private outdoor space, and careful design ensures all bedrooms receive natural light.

Three of the 16 residences will be designated as affordable housing units, aligning with Chicago’s Affordable Requirements Ordinance and supporting more inclusive neighborhood development.

Residents will also benefit from a shared rooftop deck facing west — a communal amenity ideal for socializing and relaxing during the warmer months.

Parking and Site Access

A 16-space vehicle garage will be located behind the building and accessed via the alley, preserving the pedestrian-friendly nature of Damen Avenue while discreetly addressing parking needs. Bicycle storage is also expected to be included, though final design details are still pending.

Approval Status and Project Timeline

The project still requires support from the local alderman before proceeding to seek formal zoning approval from the city. As of now, no construction budget or timeline has been publicly released. However, local development interest and existing zoning trends in the area suggest the project is well-positioned to advance.

Key Construction and Trade Work Involved

Although contractors have not yet been named, a project of this size and scope will require a full range of skilled trades throughout its development:

• Demolition Crews – To remove the existing commercial structure.

• Excavation Teams – To prepare the site for foundations and underground systems.

• Concrete Formers and Finishers – To pour the slab, structure, and footings.

• Steelworkers – For any structural steel framing requirements.

• Masonry and Façade Crews – To install brick, stone, or exterior cladding systems.

• Window and Glazing Installers – For energy-efficient fenestration.

• Electricians and Plumbers – To complete interior systems for power, water, and gas.

• HVAC Technicians – To install and calibrate mechanical systems.

• Carpenters and Drywallers – For interior framing and finishes.

• Roofers and Waterproofers – Especially for the rooftop amenity space.

• Interior Finishers – Including flooring installers, painters, and cabinet makers.

• Landscaping Crews – For any exterior greenery or roof deck installations.

Looking Ahead

The proposed development at 4943 N Damen Avenue represents a thoughtful approach to infill construction, balancing new density with neighborhood context. By offering large family-sized units, retail opportunities, and rooftop amenities, it brings both vibrancy and practicality to one of Chicago’s most beloved neighborhoods.

For construction professionals, the project will offer strong job opportunities across numerous trades. For residents and local business owners, it signals another step forward in Lincoln Square’s dynamic evolution.

DataBid is currently reporting on this project - 4943 N Damen Avenue Mixed Use Development Lincoln Square - Chicago  (0061062325)