500 N Michigan Ave
This project involves a comprehensive adaptive reuse and building-wide modernization of an existing 24-story office tower into a 320-unit multi-family residential building. Scope includes interior selective demolition, complete residential tenant build-outs, a new rooftop amenity space, structural slab openings, obsolete mechanical equipment removal, and modernization of four passenger elevators across multiple floors.
Largest single reported permit cost — not a summed project total. Individual permit values can overlap in scope.
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Activity
How much relevant permit activity is on this site.
Trade fit
How well this project matches each trade, from linked permits. Select a trade to filter parties & permits.
| Trade | Fit | Evidence |
|---|---|---|
| Medium | Major construction permits | |
| Low | Major construction permits |
Permit ledger
All 3 permits on this record| Permit | Description | Status | Contractor | ||
|---|---|---|---|---|---|
101086890 Elevator Equipment · Elevator | Elevator modernization project to upgrade three 23-floor passenger elevators and one 3-floor passenger elevator. | AUG 5, 2026 | — | $2,400,000 | Smart Elevator Company |
101082340 Renovation | Interior buildout to convert a 24-story office building into 320 residential units with a new rooftop amenity space. Ground-floor retail excluded. | JUN 2, 2026 | Phased Permitting | $71,650,000 | Skender |
101073249 Renovation | Interior demolition of non-load-bearing partitions, slab openings, and obsolete mechanical equipment at an existing 24-story office building. | AUG 27, 2025 | Phased Permitting | $2,750,000 | Skender |
Key parties
Sources: City of Chicago Dept. of Buildings permit feed · Cook County Assessor parcel records
Source Chicago Building Permits · Last calculated Oct 18, 2026
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