CONSTRUCTION PIPELINE

Chicago Q1 2026

0

UNITS UNDER CONSTRUCTION

0

IN PRE-LEASE /
LEASE UP PHASE

0

UNITS PLANNED

Construction Pipeline

Pre-Lease Absorption Rate by Month

Forecasted Delivery Dates

Pipeline Status Breakdown by City

Pipeline Data Map

Note on Pipeline Coverage
For clarity, this report does not track prospective/proposed developments. The volume of early-stage proposals continues to expand and often lacks sufficient detail, timeline certainty, or likelihood of delivery to provide reliable insight.
Instead, our focus remains on projects that have advanced further in the development cycle—specifically those under construction, and in the planning stages. This ensures the pipeline data reflects projects with higher execution probability and more direct implications for market supply.
Disclaimer: The property data depicted in our reports is sourced from third-party providers and government sources. MMG does not directly collect or track this information. Due to the nature of external data collection, some properties may be omitted, which is beyond our control. Furthermore, the pipeline dataset was assembled on 2/10/2026, and changes in project statuses or new additions to the pipeline may not be reflected by the time of publication. While we strive to provide actionable and useful data, we do not guarantee its completeness. Clients are advised to verify all property details independently.

Full Data Table

Property NameProperty AddressCityStateZip CodeUnit CountProperty StatusCompletion Date
Home at Ashcroft501 Vinca LaneOswegoIL60543178In Pre-Lease / Lease Up PhaseSep-23
Residence of Fox Meadows1840 Aastri DriveMcHenryIL60050540In Pre-Lease / Lease Up PhaseMar-24
Water's Edge Apartment Homes311 Water’s Edge DriveCrystal LakeIL60014260In Pre-Lease / Lease Up PhaseFeb-25
Belfield3924 North Lincoln AvenueChicagoIL6061368In Pre-Lease / Lease Up PhaseJun-25
Seasons at Elgin2611 Hopps RoadElginIL60124280In Pre-Lease / Lease Up PhaseJul-25
District Haus1744 West Hastings StreetChicagoIL6060872In Pre-Lease / Lease Up PhaseJul-25
Novú6633 North Milwaukee AvenueNilesIL60714180In Pre-Lease / Lease Up PhaseAug-25
Authentix South Elgin1300 North Lancaster RoadSouth ElginIL60177336In Pre-Lease / Lease Up PhaseSep-25
Redwood Merrillville8413 Jennings PlaceMerrillvilleIN46410155In Pre-Lease / Lease Up PhaseOct-25
Springs at Lockport16551 West Springs CircleLockportIL60441320In Pre-Lease / Lease Up PhaseNov-25
The Henry At Harms Woods5424 Old Orchard RoadSkokieIL60077294In Pre-Lease / Lease Up PhaseDec-25
Springs at Lake Cook Crossing400 Spring Cress RoadDeerfieldIL60015254In Pre-Lease / Lease Up PhaseDec-25
The Karrick5522 7th AveKenoshaWI53140158In Pre-Lease / Lease Up PhaseJan-26
Stead 220220 North Ada StreetChicagoIL60607308In Pre-Lease / Lease Up PhaseJan-26
1310 Ashland Avenue1310 South Ashland AvenueChicagoIL6060872In Pre-Lease / Lease Up PhaseJan-26
Galewood Residences1619 North Neva AvenueChicagoIL60707125In Pre-Lease / Lease Up PhaseJan-26
Nuvo Flats9047 Connecticut StMerrillvilleIN46410275In Pre-Lease / Lease Up PhaseFeb-26
Fremont Street1549 North Fremont StreetChicagoIL60642132In Pre-Lease / Lease Up PhaseMar-26
Pelouze Building Redevelopment230 East Ohio StreetChicagoIL6061172In Pre-Lease / Lease Up PhaseMar-26
Five Points3605 N Ravenswood AveChicagoIL6061354In Pre-Lease / Lease Up PhaseMar-26
Austin United Alliance5224 W Chicago AveChicagoIL6065178In Pre-Lease / Lease Up PhaseMar-26
Huntley Crossings12700 IL Route 47HuntleyIL60142293Under ConstructionApr-26
Junction at OC Living1312 South Talman AvenueChicagoIL6060875Under ConstructionApr-26
The Carmen952 West Carmen AvenueChicagoIL6064077Under ConstructionApr-26
The View at Rock Run1201 Rock Run XingJolietIL60431570Under ConstructionApr-26
Aberdeen Crossing1100 West Grand AvenueChicagoIL6064299Under ConstructionApr-26
Arbor House2355 S Arlington Heights RdArlington HeightsIL60005301Under ConstructionApr-26
Cerca1850 Glenview RoadGlenviewIL6002562Under ConstructionMay-26
1017 W Grand Ave1017 W Grand AveChicagoIL6064272Under ConstructionJun-26
1101 W Berwyn Ave1101 W Berwyn AveChicagoIL6064056Under ConstructionJun-26
220 S Ashland Ave220 S Ashland AveChicagoIL6060756Under ConstructionJun-26
The Claire372 Burlington AveNapervilleIL6056390Under ConstructionJun-26
North Tower400 N Lake Shore DrChicagoIL60611635Under ConstructionJun-26
520 Hobbie @Parkside520 W Hobbie StChicagoIL6061099Under ConstructionJun-26
The Maven537 W Drummond PlChicagoIL6061484Under ConstructionJun-26
Wacker Place65 E Wacker PlChicagoIL60601252Under ConstructionJun-26
Yorktown Reserve95 Yorktown CtrLombardIL60148276Under ConstructionJun-26
East Bank Apartments100 N BroadwayAuroraIL60505246Under ConstructionJul-26
111 W Illinois St111 W Illinois StChicagoIL60654153Under ConstructionJul-26
1699 E Woodfield Rd1699 E Woodfield RdSchaumburgIL6017398Under ConstructionJul-26
626 on The Park626 S Wabash AveChicagoIL60605164Under ConstructionJul-26
Franklin at 11th Street Station1010 Franklin StreetMichigan CityIN46360220Under ConstructionAug-26
The Reserve at Hudson Crossing - Phase II13-15 N Adams StOswegoIL60543104Under ConstructionAug-26
Iron Flats211 W Main StCarpentersvilleIL60110130Under ConstructionAug-26
118 S Clinton St118 S Clinton StChicagoIL6066170Under ConstructionSep-26
The Faywell220 West Liberty DriveWheatonIL60187334Under ConstructionSep-26
Rector Building79 W Monroe StChicagoIL60603117Under ConstructionSep-26
Leo at Bristol7887 132nd AvenueBristolWI53104230Under ConstructionOct-26
Randall Terrace304 Miller DrNorth AuroraIL6054275Under ConstructionOct-26
One Winnetka728 Elm StWinnetkaIL6009359Under ConstructionOct-26
The Ave3601 W Chicago AveChicagoIL6065152Under ConstructionNov-26
Area275 Plaza CirMundeleinIL60060242Under ConstructionDec-26
Redwood Oswego Phase II317 Madrone DriveOswegoIL6054381Under ConstructionDec-26
50 E Superior Street50 E Superior StreetChicagoIL6061188Under ConstructionJan-27
Itasca Station125 W Orchard StItascaIL6014387Under ConstructionFeb-27
Legends South A34520 S State StChicagoIL6060952Under ConstructionFeb-27
The Union100 South Villa AvenueVilla ParkIL60181238Under ConstructionMar-27
Lathrop Phase II2000 West Diversey PkwyChicagoIL60647309Under ConstructionApr-27
329 Thomas Ln329 Thomas LnFox LakeIL60020140Under ConstructionApr-27
750 Curtiss Est750 Curtiss EstDowners GroveIL60515138Under ConstructionApr-27
District at Veridian2000 Progress PkySchaumburgIL60196321Under ConstructionMay-27
302 River302 North River LaneGenevaIL60134126Under ConstructionJun-27
1200 E Diehl Rd1200 E Diehl RdNapervilleIL60563306Under ConstructionJul-27
36299 IL Route 8336299 IL Route 83Round Lake BeachIL60073204Under ConstructionJul-27
370 N Morgan St370 N Morgan StChicagoIL60607494Under ConstructionAug-27
Northwood Station372 N Wood Dale RdWood DaleIL60191148Under ConstructionSep-27
750 N Avers Ave750 N Avers AveChicagoIL6065160Under ConstructionDec-27
Riverline Tower1010 South Wells StreetChicagoIL60607386Planned
1016 West Jackson Blvd1016 West Jackson BlvdChicagoIL60607380Planned
105 West Adams Street105 West Adams StreetChicagoIL60603400Planned
Monroe Residences and Hotel111 West Monroe StreetChicagoIL60603345Planned
Inspire Prairie Springs11423 110th StreetPleasant PrairieWI53158710Planned
Amylu South1143 West Lake StreetChicagoIL60607667Planned
Mylo Arlington Heights116 West Eastman StreetArlington HeightsIL60004135Planned
1200 West Fulton Street1200 West Fulton StreetChicagoIL60607100Planned
1201 West Fulton1201 West Fulton MarketChicagoIL60607433Planned
West Loop1221 West Washington BlvdChicagoIL60607287Planned
1234 West Randolph Street1234 West Randolph StreetChicagoIL60607395Planned
1300 West Carroll Avenue1300 West Carroll AvenueChicagoIL60607361Planned
1300 West Lake Street1300 West Lake StreetChicagoIL60607593Planned
1333 North Kingsbury Street1333 North Kingsbury StreetChicagoIL60642272Planned
1338 West Lake Street1338 West Lake StreetChicagoIL60607271Planned
The Field135 South La Salle StreetChicagoIL60604386Planned
Strawberry Fields13620 75th StreetBristolWI53104798Planned
Arista1383 Barber Greene RoadDeKalbIL6011561Planned
Fourteen Forty Nine Senior Estates Phase II1449 Jericho CircleAuroraIL6050650Planned
1565 North Clybourn Avenue1565 North Clybourn AvenueChicagoIL60610396Planned
The Legacy1621 Chicago AvenueEvanstonIL60201110Planned
1630 South Wabash Avenue1630 South Wabash AvenueChicagoIL60605149Planned
1649 North Halsted Street1649 North Halsted StreetChicagoIL60614131Planned
Savannah at Pike Creek Phase II1700 64th AvenueKenoshaWI53144148Planned
1730 South Wabash Avenue1730 South Wabash AvenueChicagoIL60616110Planned
Pershing Road1769 West Pershing RoadChicagoIL60609172Planned
1801 West Grace Street1801 West Grace StreetChicagoIL6061362Planned
1840 North Marcey Street1840 North Marcey StreetChicagoIL60614590Planned
Parcel O Tower195 North Columbus DriveChicagoIL60601607Planned
Lakeside Tower Redevelopment200 Julian StreetWaukeganIL60085150Planned
Bell Works Chicagoland2000 Center DriveHoffman EstatesIL60192300Planned
2033 North Kingsbury Street2033 North Kingsbury StreetChicagoIL60614355Planned
208 South La Salle Street208 South La Salle StreetChicagoIL60604226Planned
210 North Morgan Street210 North Morgan StreetChicagoIL60607204Planned
23rd Place at Southbridge Phase II2300 South State StreetChicagoIL6061680Planned
Grand Reserve of Hoffman Estates2300 West Higgins RoadHoffman EstatesIL60169194Planned
Golf Mill Shopping Center Redevelopment239 Golf Mill CenterNilesIL60714305Planned
Bronzeville Lakefront2929 South Ellis AvenueChicagoIL60616100Planned
Mylo Barrington300 North Hough StreetBarringtonIL60010125Planned
301 South Green Street301 South Green StreetChicagoIL60607362Planned
West Chestnut330 West Chestnut StreetChicagoIL60610128Planned
Flats on Federal3300 South Federal StreetChicagoIL60616102Planned
Riverwalk Homes Redevelopment350 North Broadway StreetJolietIL60435177Planned
375 North Morgan Street375 North Morgan StreetChicagoIL60607460Planned
395 Pathway Court395 Pathway CourtCrystal LakeIL60014220Planned
3950 North Damen Avenue3950 North Damen AvenueChicagoIL60618130Planned
Peoples Gas Redevelopment3955 North Kilpatrick AvenueChicagoIL60641253Planned
400 North Elizabeth Street Phase II400 North Elizabeth StreetChicagoIL60642341Planned
400 North Morgan Street400 North Morgan StreetChicagoIL60642478Planned
410 North Elizabeth Street410 North Elizabeth StreetChicagoIL60642383Planned
420 North May Street420 North May StreetChicagoIL60642587Planned
Tribune Tower East421 North Michigan AvenueChicagoIL60611439Planned
455 North Carpenter Street455 North Carpenter StreetChicagoIL6064272Planned
4600 Main Street4600 Main StreetSkokieIL6007668Planned
4640 North Western Avenue4640 North Western AvenueChicagoIL6062574Planned
Schoolhouse Phases I & II4641 North Ashland AvenueChicagoIL60640120Planned
4919 Forest Avenue4919 Forest AvenueDowners GroveIL6051562Planned
Westfield Old Orchard4999 Old Orchard RoadSkokieIL60077675Planned
500 North Michigan Avenue500 North Michigan AvenueChicagoIL60611320Planned
5356 North Sheridan Road5356 North Sheridan RoadChicagoIL6064050Planned
547 West Oak Street547 West Oak StreetChicagoIL6061078Planned
Pittsfield Phase II55 East Washington StreetChicagoIL60602214Planned
Jade Residences at Three Oaks551 Congress PkwyCrystal LakeIL6001493Planned
5th & Pine5th Street & Pine StreetMichigan CityIN46360500Planned
601 West Monroe Street601 West Monroe StreetChicagoIL60661562Planned
601 West Monroe Street Phase II601 West Monroe StreetChicagoIL60661491Planned
605 Davis Street605 Davis StreetEvanstonIL60201419Planned
622 Graceland Avenue622 Graceland AvenueDes PlainesIL60016131Planned
Edison Park6750 North Northwest HwyChicagoIL6063182Planned
West Point at Harmony Square67th Avenue & 173rd StreetTinley ParkIL60477123Planned
Avenir Phase II730 North Milwaukee AvenueChicagoIL6064250Planned
Downtown Kenosha Redevelopment8th Avenue & 52nd StreetKenoshaWI53140100Planned
Halsted Pointe901 North Halsted StreetChicagoIL60642460Planned
North Franklin Street909 North Franklin StreetChicagoIL60610100Planned
910 Custer Avenue910 Custer AvenueEvanstonIL60202230Planned
Monarch Flats & Townhomes9101 Taft StreetMerrillvilleIN46410320Planned
ArkVue LivingBluegrass Drive & Ridge RoadChannahonIL60410240Planned
Seasons of CaryCentral Park Drive & State Road 31CaryIL60014360Planned
East Hawley Street & Plaza CircleEast Hawley Street & Plaza CircleMundeleinIL60060250Planned
Springs at AuroraIndian Trail & Orchard RoadAuroraIL60506340Planned
Lifestyles of MantenoNEC Marquette Place South & Southcreek DriveMantenoIL6095060Planned
The GroveSeavey Road & State Route 47Sugar GroveIL60119350Planned
Vue at Elk Grove VillageSouth Arlington Heights Road & East Higgins RoadElk Grove VillageIL60007286Planned
Tyron MeadowState Road 212 & Tryon RoadMichigan CityIN46360128Planned
The 78SWC South Clark Street & West Roosevelt RoadChicagoIL60605100Planned
Halsted Street & Division StreetWest Division Street & North Halsted StreetChicagoIL60642100Planned

METHODOLOGY

Bryan-Sullivan-V2

Bryan Sullivan

Managing Director

bryan.sullivan@mmgrea.com

Connor-Hobbs

Connor Hobbs

Associate Advisor

connor.hobbs@mmgrea.com

Michael Nasca

Michael Nasca

Associate Advisor

michael.nasca@mmgrea.com

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Construction Pipeline Report Methodology

Market Snapshot

Existing Units:  An estimate of the number of units in properties with 50 or more units.

Total Units Under Construction Or In Lease Up: Units being built or pre-leased as of February 2024, for projects with 50+ units.

Units Delivering in Next 4Q: Units expected to complete by the end of Q1 2025.

Share Of Existing Inventory UC: Percentage of units under construction relative to existing stock.

Construction Pipeline Status

Prospective: Early-stage project concepts.

Planned: Projects with approved conceptual plans by planning/zoning authorities.

Under Construction: Actively developed properties.

UC/Lease-Up: Properties under development and pre-leasing.

Rental Category

Discretionary: Resort-quality properties targeting high-income renters or those choosing to rent over owning.

High Mid-Range: Appeals to dual-income households with incomes similar to those in the discretionary category.

Low Mid-Range: Targets working professionals in “gray collar” jobs (e.g., police, firefighters, teachers, technicians).

Workforce: Aimed at blue-collar workers with lower incomes.

Pipeline Map & Data Table

Data sourced from Yardi Matrix. While accuracy is prioritized, the exactness of data cannot be guaranteed.

Construction Pipeline Map

The information provided in this construction pipeline map is obtained from Yardi Matrix. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.

Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.

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