THE PIERCE AT 7 VAN BUREN

This project will create the most significant net-zero multifamily housing development in the upper Midwest, a 44-unit building that will generate more energy than is consumed by both building and resident uses combined.

Supported as a mission driven investment, the project has received significant grant funding from the Illinois Clean Energy Community Foundation (ICECF) and will serve as a model for future multifamily construction throughout Illinois and the Midwest. Overlooking beautiful Columbus Park, with views of the Chicago skyline, this transit oriented development (TOD) is just blocks from the CTA Blue Line and The Oak Park Arts District. Twenty percent of the building’s units will be preserved for individuals earning at or below 50% of area median income (AMI) while the remaining 80% will be rented at prevailing market rates. This mixed income concept, coupled with the building’s net-zero design, reflects OPRC’s commitment to developing economically diverse and sustainable housing as a model for our region.

PROJECT STATUS & CALENDAR

Our Demolition Permit was approved by the Village of Oak Park January 2022.

Demolition Activities started in August 2022. 

Ground Breaking Ceremony in October 2022.

Certificate of Occupancy was received in March 2025.

First residents moved in April 1, 2025.

Ribbon Cutting and Open House was in September 2025.

PLAN APPROVAL PROCESS

Our Project Plan was approved by the Oak Park Village Board on January 18, 2022 after a lengthy review process.