What was permitted
This large-scale project in the Near North Side offers insight into the costs of converting commercial spaces into residential units. The work at 500 N MICHIGAN AVE involves an interior buildout to create 320 multi-family residential units and a new rooftop amenity space.
This permit, issued on October 16, 2026, has a permit fee of $412,052, reflecting a significant project scope. SHAMROCK ELECTRIC CO.INC is the contact for this phased permitting project.
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View the official permit record
Tracking number, work description, cost and dates
View the official permit record
Tracking number, work description, cost and dates
| Tracking number | 101082340 |
|---|---|
| Work permit # | — |
| Job filing number | — |
| Work type | — |
| Status | PHASED PERMITTING |
| Job description | DDS 2019 CBRC: INTERIOR BUILDOUT TO EXISTING 24-STORY MIXED-USE, OFFICE BUILDING TO CONVERT INTO MULTI-FAMILY RESIDENTIAL BUILDING WITH 320 RESIDENTIAL UNITS. BUILDOUT TO INCLUDE NEW ROOFTOP AMENITY SPACE. DEMO PERMIT #101073249. MIXED-USE RETAIL AT GRADE IS NOT IN BUILDOUT SCOPE (EXISTING USE: MIXED-USE, RETAIL AND OFFICE. PROPOSED USE: R2, A2, A3, M, S2. 1A CONSTRUCTION). CONSULTANT REVIEWER: V3 COMPANIES OF IL |
| Floor / unit | — |
| Estimated cost | Not reported |
| Approved | June 2, 2026 |
| Issued | October 16, 2026 |
| Expires | — |
| BBL | — |
| BIN | — |
Property owner
500 Nma Owner LLC ,
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