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Illinois Multifamily Construction News

Multifamily project updates across Illinois — sourced from planning board meetings, project announcements, permit filings, and more, linked to commercial project leads. 17 articles, last published 9 days ago.

Multifamily news in Illinois

0 updates in the last 24 hours · last updated 8 days ago.

May 26, 2026

Chicago Multifamily Investment Hits $1.9B in Q1 as Deal Volume More Than Doubles

Chicago multifamily investment sales reached $1.9B in Q1 2026, marking a 116.6% year-over-year increase.

Chicago–Naperville, IL
May 27, 2026

Hispanic Housing Development Corp. Plans $36M Humboldt Park Apartment Project

Chicago City Council approves a $36 million, 44-unit affordable housing development at 3251 W. Division in Humboldt Park.

Chicago–Naperville, IL
May 27, 2026

Crews Begin Site Prep and Foundation Work for 40-Unit Chicago Residential Project

Excavation and pile driving are underway for a new 40-unit residential building located at 6150 North Sheridan Road in Chicago.

Chicago–Naperville, IL
May 26, 2026

Essex Realty Group Lists 60-Unit Hyde Park Multifamily Asset at 825 E. 61st Street

Essex Realty Group lists a newly constructed 60-unit multifamily property at 825 E. 61st Street across from the University of Chicago.

Chicago–Naperville, IL
May 19, 2026

Bradford Allen Delivers 301-Unit Arbor House Apartment Complex in Arlington Heights

Bradford Allen completes the 301-unit Arbor House apartments, an eight-story luxury community featuring 26,000 square feet of retail in Arlington Heights.

Chicago–Naperville, IL
May 19, 2026

Hines Secures $141.8M Refinancing for 509-Unit Wolf Point West Tower in Chicago

JLL arranged $141.8 million in financing for the 509-unit Wolf Point West luxury apartment tower in Chicago's River North neighborhood.

Chicago–Naperville, IL
May 23, 2026

H&S Remodeling Cleared to Convert Logan Square Church Into 16-Unit Talman Lofts

Mo2 Properties secures a renovation permit to convert a historic 1925 church into the 16-unit Talman Lofts in Chicago's Logan Square.

Chicago–Naperville, IL
May 26, 2026

LG Group Clears $25M, 66-Unit Residential Build at 1201 W. Kinzie for 2026 Start

The Chicago City Council approved LG Group's 66-unit residential development at 1201 W. Kinzie, a $25 million project scheduled to break ground in late 2026.

Chicago–Naperville, IL
May 26, 2026

Honore Properties and Peerless Development Clear 28-Story Lincoln Park Tower

Chicago City Council approves Honore Properties and Peerless Development's 28-story, 340-unit residential tower at 1415 N. Dayton.

Chicago–Naperville, IL
May 25, 2026

Crews Reach Third Floor of 4-Story Lake View Residential Project

Construction has reached the third level of a four-story residential project at 1150 West Diversey Parkway in Lake View.

Chicago–Naperville, IL
May 19, 2026

Skender Construction Breaks Ground on 33-Unit Mt. Pisgah Apartments in Evanston

Skender has broken ground on Mt. Pisgah Apartments, a 33-unit affordable housing development featuring 2,250 square feet of commercial space in Evanston.

Chicago–Naperville, IL
May 26, 2026

Chicago Plan Commission Clears Multi-Phase Residential Project at 3265 N California Ave

The Chicago Plan Commission has approved a new multi-phase residential development located at 3265 N California Ave in the Avondale neighborhood.

Chicago–Naperville, IL
May 21, 2026

Domus Group Faces Delays for 215 North Racine Residential Tower in Fulton Market

Domus Group faces a development setback for its proposed residential high-rise at 215 North Racine Avenue in Chicago's Fulton Market submarket.

Chicago–Naperville, IL
May 26, 2026

GD Holdings Closes $21M Acquisition of 16 Luxury Condos at St. Regis Chicago

GD Holdings acquires 16 luxury condominium units at the St. Regis Chicago for $21 million.

Chicago–Naperville, IL
May 26, 2026

Centrum and Hubbard Street List 34-Unit Wicker Park Connection for Sale

Centrum Realty & Development and Hubbard Street Group list the 34-unit Wicker Park Connection apartment building in Chicago's West Town neighborhood.

Chicago–Naperville, IL
Jul 21, 2025

GI Stone Targets Nashville Market Following Aspire Midtown Completion

GI Stone president Sandya Dandamudi plans a measured expansion into Nashville after completing the Aspire Midtown multifamily project.

Chicago–Naperville, IL
May 21, 2026

$125M Financing Secured for 1,115-Unit Pavilion Apartment Complex Acquisition in Chicago

Eastern Union secures a $125.25M acquisition loan for The Pavilion, a 1,115-unit multifamily complex located in Chicago's O'Hare neighborhood.

Chicago–Naperville, IL

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