Zoning Reclassification Map No. 7-F at 554-628 W Diversey Pkwy - App No. 22885

Summary

The City Council is considering an amendment to Residential-Business Planned Development No. 306 at 554-628 W Diversey Pkwy (Map No. 7-F). The amendment, sought by Wintrust Bank, N.A., will allow financial institutions, including banks with walk-up ATM services (excluding payday/title loans and pawn shops), as a permitted use within the existing 3,000 sq ft of commercial space. No changes to the overall bulk or density of the planned development are proposed. The property owner, Avanath Lincoln Park, LLC, has authorized this application.

Citizen Impact

This zoning amendment will allow for the establishment of a Wintrust Bank branch with walk-up ATMs at 554-628 W Diversey Pkwy, adding a new financial service option in the neighborhood.

Confidence

high