What does the Cubs' bigger parking lot mean if you live near Wrigley Field? On October 15, 2026, the Chicago Plan Commission approved the Cubs' plan to grow the Camry Lot at Racine Avenue and Grace Street from 688 to 800 parking spaces, according to the Chicago Sun-Times. Work starts in November and should be done by May 2027, before the All-Star Game comes to Wrigley Field. If you own or are buying on the blocks around Racine, Grace, Byron, and Kelly Park, expect a construction winter, then a busy summer.
I have sold real estate in Chicago for more than 24 years, including in Lakeview. This post covers what was approved, what it changes for the streets nearby, what homes there sold for in 2026, and what I would check before you buy or sell.
The Camry Lot | Details |
|---|---|
Location | Racine Avenue and Grace Street, with the new spaces on the former House of the Good Shepherd site at 1114 W. Grace St. |
Spaces today | 688 |
Spaces approved | 800, which adds 112 |
What the Cubs asked for | 947 |
Construction | Starts in November 2026, expected to finish in May 2027 |
Trees and parks | Existing trees stay, 33 new trees, and $500,000 toward nearby Kelly Park |
The Cubs first asked for 947 spaces, saying more parking was needed ahead of the 2027 All-Star Game so fans would not park on neighborhood streets. The Plan Commission approved 800, the number already allowed under the lot's planned development. The trees and the Kelly Park money were added after neighbors raised concerns.
Ald. Bennett Lawson (44th) opposed going past 800 spaces and has asked for the Wrigley traffic plan, which has not been updated in more than a decade, to be updated before any more parking is added. According to the team, about 37% of fans drive to Wrigley Field.
Wrigley Field is set to host the 2027 MLB All-Star Game, scheduled for July 13, 2027. All-Star week usually brings extra events around the ballpark, so plan on more people, more police, and more street closures than a normal game day. If you are thinking of listing a home near Wrigley that summer, talk with me early about timing your showings around the event calendar.
The lot sits right next to West Lakeview and a short walk from Wrigleyville. Kelly Park runs between Grace Street and Irving Park Road near Seminary Avenue, and its renovation plans from the 44th Ward include a new accessible path from Irving Park to Grace, new seating, and new trees. Alta Vista Terrace, the landmark block of row houses just east of the park, is a few minutes' walk from the lot.
From November through May, expect construction trucks and noise on Grace and Racine during work hours. After that, the lot will hold 112 more cars on game and concert days, so traffic on Grace, Racine, Irving Park, and Clark before and after events is the thing to watch.
Most of the area is in residential permit parking Zone 383, bounded by Belmont, Irving Park, Broadway, and Ashland. According to the 44th Ward, the zone becomes a tow zone from 5 p.m. to 10 p.m. on night games, and guests need a residential guest pass displayed by 5 p.m. Several streets near the ballpark also have no-parking hours before and after games.
When you look at a home in this area, ask whether parking is deeded, assigned, or street only, and whether the address is inside Zone 383. A garage space matters a lot here, because it means you do not have to plan your evening around the Cubs schedule.
Here is what sold from January through September 2026 in the blocks from Addison Street to Irving Park Road and from Sheffield Avenue to Ashland Avenue, the streets just west and northwest of the ballpark.
Addison to Irving Park, Sheffield to Ashland | Sales | Median Sales Price | Sold Above List |
|---|---|---|---|
Condos and townhomes | 84 | $703,500 | 63% |
2-bedroom condos | 30 | $612,500 | 83% |
Single-family homes | 23 | $2,100,000 | 43% |
2 to 4 unit buildings | 9 | $1,358,000 | 67% |
Source: MLS (Midwest Real Estate Data LLC), closed sales from January 1 to September 30, 2026, search run October 16, 2026. At the time of research, deemed reliable but not guaranteed.
Closer to the lot itself, in the blocks from just south of Grace Street up to Irving Park Road and from Racine Avenue east to Sheffield Avenue, 28 condos sold for a median of $523,250, and 78.6% of them sold over asking. On Alta Vista Terrace, five houses sold between $920,000 and $1,475,000, and three of them sold over their list price.
Rates matter too. Freddie Mac's survey showed the 30-year fixed rate at 7.40% on October 15, 2026, and my post on Chicago mortgage rates and your monthly payment shows what that does to a payment.
See homes for sale between Addison, Irving Park, Sheffield, and Ashland on my website
Buyers who want to live near Wrigley usually know exactly what they are getting, and many are looking for it. Plan your open houses and photos around the game schedule, and be ready to answer questions about parking, the permit zone, and the new lot. With 2-bedroom condos in this area selling over asking 83% of the time this year, a well-priced home tends to draw several buyers early.
For more on the neighborhood, read my posts on the five parts of Lakeview and the pros and cons of living in Lakeview.
The Camry Lot is at Racine Avenue and Grace Street in Lakeview. The new spaces are on the former House of the Good Shepherd site at 1114 W. Grace St., and the lot will grow from 688 to 800 spaces.
The Cubs plan to start work in November 2026 and expect to finish in May 2027, before the All-Star break, according to the Chicago Sun-Times.
The 2027 MLB All-Star Game is scheduled for July 13, 2027, at Wrigley Field.
Most streets near Wrigley are in residential permit parking Zone 383, bounded by Belmont, Irving Park, Broadway, and Ashland. On night games, the zone is a tow zone from 5 p.m. to 10 p.m. for cars without a permit or guest pass, according to the 44th Ward.
From January through September 2026, condos and townhomes between Addison, Irving Park, Sheffield, and Ashland sold for a median of $703,500, and single-family homes for a median of $2,100,000, based on MLS data at the time of research.
I am Dee Savic, a Chicago Realtor® with Baird & Warner. I have more than 24 years of experience, more than 300 closed transactions, and more than 190 five-star reviews, and in 2026 my sellers have received 105.07% of their original asking price on average. You can reach me directly at 773.719.0989.
If you are selling, start with a free home value review. If you are buying, start with my free Chicago Buyer's Course. You can also schedule a complimentary and confidential consultation, or call or text me directly at 773.719.0989.
Sources: Chicago Sun-Times, October 15, 2026; 44th Ward Office, Wrigley Field parking information and Kelly Park plans; MLB All-Star Game schedule; Freddie Mac Primary Mortgage Market Survey, October 15, 2026; and my search of the MLS (Midwest Real Estate Data LLC). Accurate at the time of research, deemed reliable but not guaranteed.
Dee Savic is a Chicago Realtor® with Baird & Warner, working out of 4553 N. Lincoln Ave. She helps buyers, sellers, and relocation clients across Chicago, including Lakeview, Lincoln Park, Lincoln Square, Ravenswood, North Center, Roscoe Village, Andersonville, Uptown, Bucktown, Wicker Park, and the Gold Coast.
Dee Savic
Realtor® | Baird & Warner
4553 N. Lincoln Ave, Chicago, IL 60625
773.719.0989
[email protected]
deesavic.com
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I'm Dee Savic, your trusted Chicago real estate expert, and I'm here to guide you through your relocation journey. Discover why Chicago is the perfect city for you; from its diverse neighborhoods to its cultural vibrancy, Chicago offers an unmatched urban experience. Together, we'll find a community and home that fits your lifestyle and aspirations.
