4211 Otter StUnder construction

A 4-unit residential building is set to rise at 4211 Otter St in University City & Powelton, the kind of by-right infill quietly reshaping the block. It was cleared to build in Mar 14, 2024.

The 1,689 sq ft site is zoned RM1, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2018. The plans call for for a new construction of a three-story wood-frame attached structure on reinforced concrete footings/foundations with a roof deck and a roof deck access structure. for use as a multi-family household living for four (4) dwellings throughout. building shall be fully sprinklered per nfpa13r min.** excavation review included in the scope of work** separate permits required for all mechanical, electrical, plumbing, and fire suppression systems. **protection of right-of-way / pedestrians / adjacent properties required during all construction.**energy code compliance in accordance with 2018 iecc. ** amended as of 10/31/2025 as per approved plans**amended as of 2/01/2026 to appoint james clancy as the dprc-si per approved documents **.

The owner of record is Habana Acquistion Corp. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.

It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 221 units of new supply — including the 10-unit project at 4129 Ogden St, the 10-unit project at 893 Belmont Ave, the 8-unit project at 1221 N 42nd St. That kind of concentration is exactly what pulls land values, and buyer attention, toward a block.

We'll update this page as the project progresses — leasing, retail tenants, renderings, and construction milestones as they surface. The relevant question for investors and agents: what are the surrounding parcels worth to a builder now that this is coming?