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Chicago & Midwest  + Downtown  + Office  |  August 1, 2025
Jasmine Kilman
By: Jasmine Kilman

Path Construction Begins Residential Conversion in River North

Path Construction has officially 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. Built in 2008, the floors to be converted were formerly home to Salesforce and WeWork. The development will offer a mix of studio, one-bedroom, one-bedroom + den, and two-bedroom units.

“Our group, along with development partner WindWave Real Estate and investment partner Landrock, collaborated to complete closing earlier this week on the construction loan with Barings,” said Ric Krause from Path Construction. “Now we are excited to have our team commence the construction to bring this incredible transformation to life—turning a vacant office into vibrant, luxury living.”

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 adaptive reuse and urban revitalization projects.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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