THE PROPERTY RECORD
A development on Lincoln Avenue.
Chicago YIMBY reported a permit for a four-story, six-unit residential development in April 2022, identifying Lekhayim Venture LLC as owner. City zoning materials in 2025 identify the company as owner and applicant for conversion of two ground-floor commercial units to three residential rental units. Current completion and leasing status have not been verified.
Development investment
Hitko Kadric reports a total project investment of approximately $4 million, including the land. This figure describes the overall project investment, not construction costs alone.
From land to a residential development
The Lincoln Avenue project represents the larger development side of the portfolio: bringing a site through development planning and construction, with subsequent city materials documenting a proposal for additional residential use on the ground floor.
A continuing property story
The original permit and later conversion proposal describe different stages of the property’s history. The published six-unit permit and proposed three-unit conversion are presented as dated records, not as a verified current unit count.
Documented milestones
April 2022
Chicago YIMBY reports the new construction permit, naming Laszlo Simovic as architect and Best Home Design & Construction as general contractor.
2025 zoning materials
The city document identifies Lekhayim Venture LLC as owner and applicant at 5689–5693 North Lincoln Avenue for a proposed ground-floor conversion.
SOURCES & FURTHER READING