Two Chicago firms are nearing completion on an office-to-residential conversion in a River North building that used to be home to Salesforce.
Chicago-area firms Path Construction and WindWave Real Estate will welcome the first residents to 111 W. Illinois St. on May 22. Construction, which started in August 2025, continues on the building’s upper floors, and the entire property is expected to be complete July 1.
The project, called 111 Point, is one of seven office-to-residential conversions under construction in Chicago, according to data from CoStar.
River North has become a hotbed for conversion projects as nearly a quarter of office space in the neighborhood remains vacant, data from commercial real estate firm Bradford Allen shows.
Path and WindWave want 111 Point to feel like a place of respite in the city, with amenities like a Peloton cardio and weight studio and an all-season wellness terrace featuring a sauna and hot tub.
“You can live in the heart of Chicago, but you're in a sanctuary,” said Jack Tse, Path Construction’s director of development. “As a theme, that was important to play on.”
A joint venture between Path and WindWave purchased the upper floors of the former office building for nearly $17 million, Cook County property records show.
Jack Tse, director of development at Path Construction (from left), Richard Krause, president and CEO at Path Construction, and Jon Cordell, managing partner at WindWave Real Estate, on the patio of their River North development at 111 W. Illinois St.
Pat Nabong/Sun-Times
With an office conversion, developers are constrained by the building’s floor plates, or width. Wider office buildings can be a struggle to convert because the center of the floors can be too far away from windows and natural light.
At 111 Point, the floor plates were one of the selling points, according to WindWave Managing Partner Jon Cordell. The building dimensions allowed for windows and natural light in each unit, a
