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Former Sears Roebuck Building 3333 W Arthington St 239,000 SF 100% Leased Office Building Chicago, IL 60624 $7,191,366 CAD ($30.09 CAD/SF)
Investment Highlights
- Landmarked 5-story masonry building, occupying 3/4 of the block facing W Arthington between S Homan and Spaulding Aves with a classical revival façade
- The Administration Building was designated as a Chicago Landmark in 2002
- Offered for $22/SF
- Administration Building was designed and constructed as the executive headquarters for Sears, Roebuck and Co. in 1905
- Walking distance to the Kenzie-Homan CTA Blue line stop and easy access to the I-290 Expressway.
- Full Portfolio Option available | Pricing subject to offer
Executive Summary
Incredible historic opportunity to redevelop the former Sears Headquarters in Chicago. The offering consists of the former Sears Administration Building located at 3333 W Arthington Street.
3333 W Arthington was designated a Chicago landmark in 2002 and is also on the US National Register of Historic Places. The 5-story, 239,000 SF building has undergone extensive demolition and is ready for new interior buildout.
3333 W Arthington was designated a Chicago landmark in 2002 and is also on the US National Register of Historic Places. The 5-story, 239,000 SF building has undergone extensive demolition and is ready for new interior buildout.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Building Size
239,000 SF
Building Class
C
Year Built
1969
Price
$7,191,366 CAD
Price Per SF
$30.09 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
47,800 SF
Building FAR
2.73
Lot Size
2.01 AC
Opportunity Zone
Yes
Zoning
PD-971
Parking
1,150 Spaces (4.81 Spaces per 1,000 SF Leased)
Amenities
- Metro/Subway
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 16-14-417-007-0000 | Improvements Assessment | $4,112,328 CAD |
| Land Assessment | $388,797 CAD | Total Assessment | $4,501,125 CAD |
Property Taxes
Parcel Number
16-14-417-007-0000
Land Assessment
$388,797 CAD
Improvements Assessment
$4,112,328 CAD
Total Assessment
$4,501,125 CAD
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Former Sears Roebuck Building | 3333 W Arthington St
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