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Chicago, IL · Permit #B200508921 203 N Wabash Ave Building work
Reported project estimate $1,630,000 Whole permitted job
Issued / ready Sep 16, 2026
Source status Active
Trade availability and construction progress are unconfirmed.
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Work summary Building work
Scope and permit evidence Project features summarize the permit wording. The applicant reports the whole-job estimate; it is not a trade-package budget.
The issue date usually means ready to issue, subject to fee payment. It does not establish a start, completion date, or open bid.
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Contractors named on the permit
Scope & timing Work scope Work described Construction start Not established by this permit Completion date Not supplied Other
Commercial use Not confirmed
Building and development
Virgin Hotel Chicago
203 N WABASH AVE
McHugh converted the landmarked Old Dearborn Bank Building into the Virgin Hotel, with 250 guestrooms and dining, event, spa and fitness spaces. [1]
Hotel conversion The former office building was gutted and reconfigured as a hotel with 250 guestrooms and amenities. [1]
Landmark restoration The work restored the exterior and preserved original interior features. [1]
Key dates
1928 The Old Dearborn Bank Building was constructed. [1]
Sources · 1
Virgin Hotel Chicago ↗ Checked Oct 16, 2026
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Source & observation history Source Chicago Building Permits ↗ First observed Oct 5, 2026, 6:56 a.m. ET Last observed Nov 2, 2026, 9:01 a.m. ET View record changes (1) Oct 5, 2026, 6:56 a.m. ET First observation
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