Wicker Park's Real Estate Momentum Is Undeniable: A Prime Mixed-Use Hub Lists for Sale & New Housing Wins Zoning Approval Near the 606

By Socialhood News · Il/Chicago/Wicker Park · May 27, 2026

Wicker Park is making serious waves in Chicago's real estate world this week — and the news signals just how much investors and developers believe in the neighborhood's future.

First, the mixed-use Wicker Park Connection complex at 1640 and 1664 West Division Street has officially hit the market. The two-building development holds 207 apartment units and 23,855 square feet of retail space — with Target anchoring more than half of it. Developed by Centrum Realty & Development and completed in 2018, the property is now being marketed by CBRE brokers as an opportunity for continued rent growth, according to CoStar. It's a testament to how much Division Street has matured as a live-work-shop corridor.

Meanwhile, new housing is on the way near the beloved 606 Trail. A 40-unit apartment building at Chicago and Washtenaw avenues and a separate 30-unit building on Winnebago Avenue each won final zoning approval this week — adding to the steady drumbeat of residential investment along one of the city's most popular green corridors. Together, these developments paint a picture of a neighborhood that continues to attract serious, long-term investment. Whether you're a longtime resident or a newcomer, Wicker Park's evolution is worth watching closely. Stay plugged in at wickerparkbucktown.com!

Sources:
1. https://therealdeal.com/chicago/2026/05/26/wicker-park-connection-buildings-listed-in-chicago/
2. https://blockclubchicago.org/wicker-park-bucktown-west-town/