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Homan Square Portfolio 4 Properties in Chicago, IL
INVESTMENT HIGHLIGHTS
- Large scale redevelopment opportunity in Homan Square consisting of 2 buildings, a parking structure and land.
- Sears, Roebuck & Co Admin Building occupies ~3/4 of the block facing W Arthington between S Homan & Spaulding.
- Walking distance to the Kenzie-Homan CTA Blue line stop and easy access to the I-290 Expressway.
- Sears, Roebuck & Co Admin Building, a landmarked 5-story masonry building w/ classical revival façade.
- The opportunity also includes the 10-story former Allstate Headquarters
- Admin Building designed & constructed as the exec headquarters for Sears, Roebuck & Co (1905-1973, when the co moved to Willis Tower)
EXECUTIVE SUMMARY
Offering includes the Former Sears Roebuck and Allstate Headquarters buildings in Chicago's Homan Square neighborhood. The Portfolio includes the potential for multiple tax incentives.
Purchase options include:
-The full offering - all 4 assets
-3333 W Arthington Building (Former Sears Building)
-3245 W Arthington Building (Former Allstate HQ Building)
All prices are subject to offer. Please see the Sale OMs for complete details.
Purchase options include:
-The full offering - all 4 assets
-3333 W Arthington Building (Former Sears Building)
-3245 W Arthington Building (Former Allstate HQ Building)
All prices are subject to offer. Please see the Sale OMs for complete details.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 2 |
| Status | Active | Total Building Size | 869,332 SF |
| Number of Properties | 4 | Total Land Area | 10.05 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 2 |
| Total Building Size | 869,332 SF |
| Total Land Area | 10.05 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 3201 W Arthington St, Chicago, IL 60624 | Land | 3.83 AC | - | - |
|
Historic Former Allstate Insurance HQ
3245 W Arthington St, Chicago, IL 60624 |
Office | 292,000 SF | 1949 | $11,535,514 CAD |
|
Historic Former Sears Headquarters
3333 W Arthington St, Chicago, IL 60624 |
Office | 239,000 SF | 1905 | $7,335,962 CAD |
| 3240 W Arthington St, Chicago, IL 60624 | Specialty | 338,332 SF | 1969 | - |
CONTACTS
-
Scott Maesel -
Chad Schroedl -
Drew Dillon -
Adam Thomas -
Logan Parsons -
SVN | Chicago Commercial
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