Clybourn Commons LLC plans to build a four-story, 39,680-square-foot building at 501 N. 20th St. along the north side of I-94 and near the Marquette University campus.
Clybourn Commons plans to demolish four duplexes at 505 N. 20th St., 509 N. 20th St., 2016 W. Clybourn Ave. and 2020 W. Clybourn Ave. to make way for the new building. The buildings are historic, each is between 114-119 years old, according to city records. But the four structures have a combined assessed value of only $346,200, according to city records.
The proposed apartment building will have 36 units, with 16 two-bedroom units, 10 one-bedroom units and 10 studio units. The entire ground floor of the building will be used for parking.
The tenants in the building are expected to be predominantly upper level Marquette University students, especially dental school students because the dental school is located just to the north.