Andy Muschietti, who directed "It," is expected to return for the second installment.
Producers Barbara Muschietti, Roy Lee, Dan Lin, Seth Grahame-Smith and David Katzenberg are also believed to be onboard.
Talking with ScreenRant.com, Chastain said, "Well, I love Andy and Barbara. I worked with them on Andy's directorial debut, you know, his film, 'Mama'. And you know, Barbara is one of my best friends so... We'll see...
"Listen, of course, I want to work... They're my friends. They're like my family. Anything that they're doing I want to be a part of, so I hope we can make it happen."
The hit film, which opened on September 8, centred on the children, while the sequel will follow them into adulthood.
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