It’s been a long road toward redevelopment of the corner lot at Lake Street and Euclid Avenue that once served as home to the beloved Tasty Dog fast-food restaurant, but Ranquist Development Group is close to completing its 28-unit luxury condo project known as District House.
Last week, Bob Ranquist provided a tour of the building, which he says will be finished and occupied by late May or early June.
Twenty-three of the units have been sold, Ranquist said.
“It’s going extremely well,” he said. “To be here with only five units left is pretty amazing.”
He said the units range from 1,900 to 2,200 square feet and have three bedrooms, a den and 2.5 baths.
The two ground-floor retail spaces are expected to be up and running sometime in the fall, Ranquist said. One will be a Pilates studio, and the other still is under negotiation, according to Ranquist.
The District House condos have balconies, lower decks and rooftop decks, depending on what floor the unit is located. Residents on the top floor of the five-story building also have access to a private rooftop deck, Ranquist said.
All 28 have access to a shared rooftop deck that provides views of downtown Chicago and along Lake Street.
Ranquist also is set to begin construction of a second – albeit smaller – project in Oak Park in the 200 block of Harrison Street. The so-called Flexhouse project – four townhouse projects that already have been presold – will take about seven months to build, Ranquist said.
The developer already has demolished an existing building on the site and will begin construction in the next couple of weeks.
Ranquist Development Group is still looking for more opportunities in Oak Park. Asked why he’s so interested in the village, Ranquist replied: “Why not? Who wouldn’t want to build in Oak Park – it’s a cool town.”