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IllinoisMultifamily

Path Construction starts construction on residential conversion of 111 W. Illinois St. in Chicago

August 5, 2025
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Path Construction started construction on the residential conversion of 111 W Illinois Street in Chicago’s River North neighborhood. The project will transform the upper floors of the existing 10-story commercial building into 153 modern luxury apartments, with completion targeted for Summer 2026.

The project marks one of Chicago’s first office-to-residential conversions since 2023 to advance without public subsidy, signaling continued private investment appetite for well- located adaptive reuse and urban revitalization projects.

Initially built in 2008, the floors to be converted were formerly home to Salesforce and WeWork. Its narrower floorplates, high ceilings, and interior core layout make it well-suited for residential adaptation.

With River North’s Class A multifamily occupancy currently exceeding 96% and minimal new inventory expected, 111 W Illinois will add much-needed apartment units to one of Chicago’s most desirable neighborhoods while reactivating a well-located but underutilized asset.

The development will offer a mix of studio, one-bedroom, one-bedroom + den, and two- bedroom units, all designed with larger-than-average floor plans and modern finishes. Resident amenities will include an indoor-outdoor fitness and wellness center, hospitality lounge, a rooftop terrace with grilling stations and a fire pit, a pet spa, indoor bike parking, and a spacious coworking lounge.

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