Meanwhile, a demolition permit was recently issued for the three-story masonry building at 462 N. Morgan, Chicago YIMBY has reported.
“Filed under the owner Baby Grand LLC, no plans have been published as to what will replace the multi-unit residential structure. However, the parcel is currently zoned for M2-2 Light Industry District, which allows for moderate manufacturing, warehouses, and freight and recycling facilities. M2-2 also permits a floor area ratio of 2.2, so that any new development may have up to 2.2 times the square footage as the containing lot. Currently it is unclear if the owner plans to apply for an amendment to change the designation.”