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24211362
24211361

3245 W Arthington St, Chicago, IL 60624

SM
IL 471005379
SVN | Chicago Commercial
SVN | Chicago Commercial
Listed by SVN | Chicago Commercial
$8,268,000
762 days on market
Updated 14 days ago
Opportunity zone

Former Allstate Headquarters Bldg | Homan Square Portfolio

Details
Property Type Land, Mixed Use (+2)
Sub Type Development, Redevelopment (+1)
Square Footage 292,000
Tenancy Vacant
Price per SqFt $28
Broker Co-Op Yes
Class C
Buildings 2
Stories 5
Zoning PD-971
Investment Type Redevelopment

Large Scale Redevelopment Opportunity - $12/SF

Marketing description

Property Description

Incredible opportunity to redevelop the former Allstate office building (3245 W Arthington), a large parking structure (3240 W Arthington) and a developable land site (3201 W Arthington).

The portfolio is available as a single purchase or can be divided. With a variety of potential uses, this portfolio is conveniently located only four blocks to the Kedzie-Homan Blue Line CTA Station, as well as four blocks from the I-290 freeway. With the Chicago Loop only four miles away, this portfolio benefits from its location.

Location Description

Homan Square, Chicago, IL.

Investment highlights

  • Offered for $12/SF.

  • Large-scale redevelopment opportunity in Homan Square consisting of the 11-story former Allstate Headquarters, a parking structure and land.

  • Additional land for parking or ground-up development is available as part of the site.

  • Walking distance to the Kenzie-Homan CTA Blue Line stop

  • Easy access to the I-290 Expressway.

Listing Contacts

SM
IL 471005379
SVN | Chicago Commercial
SVN | Chicago Commercial
Listed by SVN | Chicago Commercial

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