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More office-to-residential conversions tee up in downtown Chicago

Latest proposals in Loop and River North would create 150 combined units
The loft office building at 223 W. Erie St. in Chicago has been sold to a developer that wants to convert it into apartments. (Robert Gigliotti/CoStar)
The loft office building at 223 W. Erie St. in Chicago has been sold to a developer that wants to convert it into apartments. (Robert Gigliotti/CoStar)
CoStar News
May 29, 2025 | 8:22 P.M.

Owners of two historic office buildings in downtown Chicago want to convert them into a combined 150 apartments, adding to the list of similar projects locally and throughout the country.

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