The unmistakable gap-toothed smile of a building that knows it’s escaped the wrecking ball. 2746 North Magnolia will be the centerpiece of The Benchmark.

A church at 2750 North Magnolia Avenue that stood since 1884, deemed “not worth saving,” was demolished in March. As with any demolition of a church, that didn’t sit well with many folks. But a small victory was won with the preservation of the parish house next door, at 2746 North Magnolia, which was released from the City of Chicago Demolition Delay Hold List on Wednesday, as it’s in the midst of a complete overhaul into a single-family home.

A joint effort from Noah Properties and Sergio & Banks Real Estate is erecting The Benchmark, a 5-building development that will see single family homes constructed on either side of the existing former parish house. At 2742 and 2744 North Magnolia will be two single-family homes, while to the north at 2752 and 2756 North Magnolia will rise two 5-unit condo structures.

All five projects are designs from architect Bill Kokalias at Axios Architects & Consultants, in The Loop. ALL Builders of Chicago is the general contractor.