2403 W Thompson StDelivered

An eight-unit multifamily building has been completed at 2403 W Thompson Street in Brewerytown, adding to a steady wave of infill construction in a neighborhood where medium-density rental product has become the default development typology. The three-story structure, fully sprinklered and built on a 4,186-square-foot lot, was cleared to build in May 2023 and is now delivered by Mbwf Homes LLC, which acquired the site in 2022. The project conforms to RM1 zoning, which allows multifamily by right and has made the area attractive to builders targeting predictable, modestly scaled projects.

The building lands amid an active cluster of similar developments—within a half-mile radius, 173 units are either recently built or underway, including an eight-unit building next door at 2413 W Thompson and a 16-unit project around the corner at 2408 Stewart Street. That concentration reflects Brewerytown's appeal to small-to-midsize developers who can assemble parcels, move quickly through approvals, and deliver rental inventory without the complexity of larger mixed-use schemes. The neighborhood's RM1 corridors have become something of a proving ground for this model, with projects like the eight-unit building at 1309 N 22nd Street and the 15-unit development at 1503 N 25th Street following similar scripts.

For investors and developers scanning the area, 2403 W Thompson is a useful benchmark: it demonstrates that eight units on a mid-block lot can pencil without requiring zoning relief or elaborate financing, and it suggests that adjacent parcels—particularly those still holding underutilized single-story structures or vacant land—remain viable candidates for similar projects. The delivery here also reinforces that Brewerytown's infill pipeline is less speculative than systematic, driven by fundamentals rather than hype.