M/I Homes, one of the top homebuilders in the Chicagoland area, announces it has closed on the land acquisition for Everly Trace of Naperville and is set to start work on the new community of 68 townhomes in Naperville, Ill. Located on 111^th Street between Route 30 and Route 59 in the southwest portion of the popular western suburb, which Niche.com named the Best City to Live in the America for 2026, the new 10-acre development is served by Neuqua Valley High School within Indian Prairie School District 204. Everly Trace is also convenient to neighborhood amenities including Commissioners Park, Tamarack Golf Club and multiple shopping and dining options along nearby retail corridors.

Everly Trace will mark the third townhome development M/I Homes has brought to Naperville in less than a year. In June 2025, the builder announced the land acquisition for Northwoods of Naperville, a 12-acre wooded parcel that the builder is redeveloping from an office site to an enclave of 64 townhomes bordered by a forest preserve. And in February 2026, M/I Homes received Naperville City Council approval and closed on the land for Benton + Main, which will bring 11 townhomes to a parcel bordering Naperville’s downtown district.

“The common thread between all three of these communities is that more homebuyers today are embracing the convenient lifestyle of townhome living, which is putting this housing option in high demand across a variety of environments — from scenic wooded settings to walkable downtown areas to family friendly locations like the one Everly Trace of Naperville offers near great schools and community amenities,” said Rick Champine, area president of M/I Homes’ Chicago Division. “Of course, the other theme at play is the ongoing appeal of Naperville as one of Chicagoland’s top residential destinations. We’re pleased to be meeting the continued demand for quality homes in this sought-after area known for its outstanding neighborhoods, top schools, vibrant downtown and well-known community happenings throughout the year.”

The 68 townhomes at Everly Trace will include a mix of two-story designs with front-load garages and three-story designs with rear-load garages. Ranging from 1,700 to over 2,300 square feet, floor plans have open-concept layouts with flexible living space, two to three bedrooms and 2½ to 3 baths. Select designs offer basement options, providing additional space to create dedicated areas for entertaining, remote work, hobbies or storage. Some two-story plans also offer a standard loft space or optional third bedroom.

“Knowing that low-maintenance townhome living appeals to so many buyers, from young families to busy professionals to downsizers, we infuse our floor plans with flexible features and upgrades like a basement option so the designs can respond to different lifestyle needs,” said Cheryl Bonk, vice president of sales and marketing for M/I Homes of Chicago. “Buyers at Everly Trace will also appreciate the stylish exterior elevations for these homes, with crisp white board and batten siding accented by craftsman-inspired wood beams.”

Residents of Everly Trace will be able to take advantage of many of the most popular sites and attractions in Naperville. Downtown Naperville offers numerous community events, festivals, specialty stores, independent boutiques, eateries, bars and other businesses, as well as a picturesque riverwalk. The suburb is also known for Centennial Beach, Naper Settlement and the Millennium Carillon.

Everly Trace is served by Peterson Elementary School; Crone Middle School, which is located immediately east of the community; and Neuqua Valley High School. For commuters, the Route 59 Metra station provides rail service to downtown Chicago, while routes 59 and 126 both serve as arteries for reaching neighboring suburbs or accessing interstates 88 and 55.

Land development for Everly Trace will begin this summer, with expected first deliveries in early 2027. Pricing will be released with the start of pre-sales, which will be conducted from the builder’s new Studio 640 sales store at CityGate Centre in Naperville.

For more information about Everly Trace and to join the interest list to receive updates about the community, visit www.mihomes.com/everlytrace.

Homes at all M/I Homes communities come standard with the builder’s industry-leading 10-Year Transferable Structural Warranty, which allows buyers to purchase with confidence and adds value if the home is sold in the future. All homes are also Whole Home certified, an M/I Homes designation indicating the builder’s superior approach when constructing homes. Upon testing, an M/I home will receive a more favorable HERS® Index (Home Energy Rating System) than an Energy Star-certified home, which can save buyers upwards of 30 percent on their energy bills. A lower HERS Index means lower energy costs, and on average an M/I home achieves a HERS Index of 62, considerably lower than other resale homes and other builders in the market.

About M/I Homes:

M/I Homes, Inc., celebrating its 50th year in business in 2026, is one of the nation’s leading homebuilders of single-family homes. The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; Detroit, Michigan; Tampa, Sarasota, Fort Myers/Naples and Orlando, Florida; Austin, Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina and Nashville, Tennessee.

MI Homes_Everly Trace_Naperville: M/I Homes of Chicago has closed on the land acquisition for Everly Trace of Naperville and is set to start work this summer on the new community of 68 townhomes in Naperville, Ill.