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Crain's Daily Gist

Crain's Daily Gist

Chicago's office-to-apartments wave keeps growing

Crain's Daily Gist · Jun 5, 2026 · 21:35

0:0021:35

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Another vintage Loop office building has been teed up for residential conversion and a big South Loop apartment complex traded for $104 million. Crain’s commercial real estate reporter Rachel Herzog talks with host Amy Guth about what's playing out in Chicago's apartments scene.

Plus: Bears vote to advance stadium project in Hammond, but several hurdles remain before a deal could be final; AI data center boom risks breakup of nation’s biggest power grid operator; Ascension completes acquisition of three Chicago-area surgery centers and former Citadel HQ trades at 76% discount from 2006 sale price.


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