3214-54 N. Wilton Ave.

The City of Chicago is seeking applications from development teams for the mixed-income residential redevelopment of 14 parcels adjacent to the Belmont CTA station in Lake View.

Located at 3214-54 N. Wilton Ave. and owned by the CTA, the parcels have been used for construction-related staging since 2006, including the soon-to-be completed Red-Purple Modernization Phase One project. Consisting of .46 acres, the available land is uniquely situated to provide housing aligned with equitable transit-oriented development (ETOD) goals. The site is valued at approximately $4.26 million.

The CTA expects to make the site available for development in late 2026. The City seeks its redevelopment in accordance with Federal Transit Administration (FTA) regulations, local plans and the development vision presented in the RFP. FTA regulations require not less than 40% of total housing units be restricted to households at or below 60% of the Area Median Income (AMI). 

Interested respondents can submit proposals in two ways: through the ChiBlockBuilder.com web site or through the Department of Housing (DOH) Qualified Allocation Plan (QAP) process. Refer to the RFP for submission guidelines and deadlines.

One or more selected development teams will be expected to begin vertical construction by early 2027.  

Information
3214-54 N. Wilton Ave. RFP
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The location is presently zoned as a combination of RM-5, B2-3 and B3-3, with the potential for rezoning to B2-3 and the opportunity to take advantage of transit-served location benefits provided in the zoning code for rental housing units of various sizes. Questions about the application process may be submitted via email to lauren.stott@cityofchicago.org.
CTA Requirements
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The parcels were acquired by the CTA using Federal Transit Authority (FTA) funds and their transfer must comply with relevant federal regulations. Their sale must be a necessary component of a proposed TOD development, dedicate at least 20% of the project’s total floor area ratio to affordable housing, and adhere to 40% afffordability minimums for at least 30 years.