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IllinoisMultifamily

Peerless Development begins pre-leasing at 1880 N. Milwaukee apartment development in Chicago

June 16, 2026
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1880 Milwaukee in Chicago’s Bucktown neighborhood is now pre-leasing ahead of first move-ins expected in August 2026. (Credit: Studio Trellis)

Peerless Development today announced the start of pre-leasing at 1880 Milwaukee, a new boutique apartment community at 1880 N. Milwaukee Ave. in Chicago’s Bucktown neighborhood.

The five-story mid-rise is expected to welcome its first residents in August 2026. Cross Street, the exclusive leasing and marketing firm for the property, is offering by-appointment tours of the community.

Upon completion, the transit-oriented development will feature 44 apartments in one- and two-bedroom floor plans ranging from 534 square feet to more than 950 square feet. Residences are designed to maximize functionality and comfort, with select homes offering private balconies. Rents start at $2,325 per month for one-bedroom apartments and $3,645 per month for two-bedroom residences.

Interior features include quartz countertops, stainless steel appliances and Schlage keyless entry systems. Community amenities include a rooftop deck with grilling stations, reserved garage parking for 22 vehicles with EV charging capability and bicycle storage. The property, which also includes 3,200 square feet of retail space on the ground level, will be professionally managed by Peak Properties.

“1880 Milwaukee reflects our approach to delivering well-executed residential communities that are aligned with their surroundings,” said Michael Cordaro, CEO of Peerless Development. “The community’s boutique scale complements the character of Bucktown, while the interiors strike a balance between warm wood tones and clean, modern finishes with subtle detailing, creating a living experience that feels both refined and connected to the neighborhood.”

The property offers exceptional access to public transit and neighborhood amenities, including the CTA Blue Line, No. 56 Milwaukee bus route, Clybourn Metra station, protected bike lanes along Milwaukee Avenue and The 606, the 2.7-mile elevated trail connecting Bucktown, Wicker Park, Logan Square and Humboldt Park. Residents also benefit from proximity to a wide range of dining, retail and entertainment options.

“There’s strong demand for housing in Bucktown, and 1880 Milwaukee delivers on what today’s renters are looking for, offering contemporary design in a classic Chicago neighborhood,” said Shane Rachman, president and founder of Cross Street. “With limited multifamily construction in the area, we’re already seeing interest from prospects who appreciate the scale and location of this development.”

1880 Milwaukee was designed by SPACE Architects + Planners, with Macon Construction Group serving as general contractor.

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