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Former Sears and Allstate Headquarters - Sterling Park Campus Portfolio
Two Large Buildings, Parking Structure, 3.4 Acre Development Site
Buy one or all!
Homan Square, Chicago, IL
|This property is Under Contract, but back-up offers are being accepted. Please contact David Levy or Ted Prillaman for more information.|
NRC Realty & Capital Advisors, LLC in conjunction with Theodore S. Prillaman (Independent Broker), are pleased to jointly offer the opportunity for investors, developers, or end-users to buy one or all of four properties on the Sterling Park campus, previously the headquarters of Sears, Roebuck, & Company and Allstate Insurance. The properties are located in the path of progress, just 10 minutes from Chicago downtown, conveniently located blocks from the 290 Expressway, CTA train and bus lines in Chicago’s Homan Square neighborhood, and just 5 minutes from the Illinois Medical District. The former Sears Administration building is a historic landmark eligible for tax benefits, the former Allstate headquarters can be designated a historic building, and the properties are situated in a City of Chicago TIF District and an Enterprise Zone creating other tax benefits and incentives. See the "Tax Benefits & Incentives" tab above for further detail.
Homan Square was born out of millions of square feet of former Sears space which has since been redeveloped into a newly opened 181-unit loft apartment building, fully-leased multi-tenant office tower, charter school, and YMCA. Surrounding development also includes over 1000 units of new housing, nearby shopping, and a private park onsite.
There are 4 properties available on the same campus including, the former Sears Administration Building (5 stories with large floor plates; 280,558 sf total), the former Allstate Headquarters (11 stories with large floor plates; 324,147 sf total), a 1,150 car parking garage, and a 3.4 acre development site. Buyers are invited to buy one or all of the properties.
Please register for the sale and log-in below to obtain additional property and due diligence information.
David Levy, NRC Realty & Capital Advisors: 312-278-6870 or [email protected]
Theodore "Ted" Prillaman, Independent Broker: 312-213-6601 or [email protected]
Broker Co-Op: 1% to properly registered brokers
|Although information has been obtained from sources deemed reliable, NRC Realty & Capital Advisors, LLC, Theodore S. Prillaman (Independent Broker), the Seller, and/or its representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Properties without expressed or implied warranty of any kind. Lot and building sizes are approximate. Properties may be withdrawn at any time without notice.|