Homan Square Portfolio

3333 W Arthington, 3245 W Arthington, 3240 W Arthington, 3201 W Arthington, Chicago, IL 60624

  • For Sale Subject to Offer
  • Property Type Office - General Office
  • Property Size 550,000 SF
  • Additional Rent Contact for pricing
  • Building Class C
  • Date Updated Nov 26, 2024
The site of the former Sears headquarters was redeveloped beginning in 1988 as Homan Square. The redevelopment of parts of this site has included new construction of owned and rental mixed-income housing; adaptive reuse and restoration of historic properties for use as a community center, school, and other facilities; a new community pool and recreation center; and associated retail. Homan Square is often used as an example of the revitalization of North Lawndale. The former Sears tower was rehabbed and reopened to the public as “The John D. and Alexandra C. Nichols Tower” in 2015. It now houses non-profit groups and youth association offices. The 3301 W Arthington was also successfully redeveloped a 181-unit residential building in 2017.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.
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Attachments

Highlights

  • Large-scale redevelopment opportunity in Homan Square consisting of 2 buildings, a parking structure and land.
  • Sears, Roebuck and Company Administration Building is a landmarked five-story masonry building, occupying about
  • 3/4 of the block facing West Arthington between South Homan and Spaulding with a classical revival façade.
  • The opportunity also includes the 10-story former Allstate Headquarters
  • Walking distance to the Kenzie-Homan CTA Blue line stop and easy access to the I-290 Expressway.
  • Administration Building was designed and constructed as the executive headquarters for Sears, Roebuck and Co. in 1905, and it continued that function until 1973, when the company moved to the Sears Tower (now Willis Tower) in downtown Chicago.
  • The Administration Building was designated as a Chicago Landmark in 2002.
  • Additional land for parking or ground-up development is available as part of the site.

Contacts

broker
Scott Maesel

SVN | Chicago Commercial

Location

Getting Around

  • Walk Score ®

    72/100 Very Walkable

  • Transit Score ®

    71/100 Excellent Transit

  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Homan Square
  • Zip Code 60624
  • Market Chicago

Points of Interest

  • Kedzie

    1.03 miles

  • Central Park

    1.12 miles

  • Kostner

    1.64 miles

  • Cicero

    1.93 miles

  • Uber Tent

    2.14 miles

  • 54th/Cermak

    2.72 miles

  • UIC-Halsted (Morgan Street)

    3.01 miles

  • Ashland

    3.10 miles

  • UIC-Halsted (Peoria Street)

    3.12 miles

  • Morgan

    3.19 miles

  • Citgo

    0.26 miles

  • GoLo

    0.55 miles

  • BP

    0.56 miles

  • Marathon

    0.62 miles

  • Shell

    0.81 miles

  • Falcon

    0.87 miles

  • EVgo

    2.18 miles

  • Electrify America

    2.81 miles

  • Blink ParkChip Garage - 1035 Van Buren

    2.95 miles

  • Volta

    3.31 miles

  • Lot W5

    1.57 miles

  • Lot A4

    1.76 miles

  • Lot A3

    1.78 miles

  • Lot B2

    1.81 miles

  • f

    1.83 miles

  • Lot C4

    1.84 miles

  • Lot B4

    1.88 miles

  • Disabled

    1.88 miles

  • Club/Premium

    1.89 miles

  • G

    1.89 miles

  • Shamrock Motel

    1.86 miles

  • Hyatt Place Chicago - Medical / University District

    1.89 miles

  • Hyatt House Chicago - Medical / University District

    1.96 miles

  • Karavan Motel

    1.98 miles

  • Hotel Chicago West Loop

    2.23 miles

  • Courtyard by Marriott Chicago at Medical District / UIC

    2.26 miles

  • Cindy Lyn Motel

    2.84 miles

  • Hyatt House

    2.95 miles

  • Holiday Jones

    3.05 miles

  • Alexandra's place

    3.05 miles

  • Taco Bell

    0.21 miles

  • Subway

    0.22 miles

  • McDonald's

    0.27 miles

  • Popeyes

    0.29 miles

  • Soule

    0.42 miles

  • Checkers

    0.61 miles

  • Joe Willie's

    0.65 miles

  • The SoulFood Lounge

    0.93 miles

  • Jerk Taco Man

    0.96 miles

  • Ja’Grill

    0.99 miles

  • Henry Ford Academy: Power House High

    0.05 miles

  • Sears YMCA Day Care Center

    0.17 miles

  • Joseph Kellman Corporate Community Elementary School

    0.37 miles

  • Gregory Elementary School

    0.46 miles

  • Lawndale Community Academy

    0.47 miles

  • Saint Francis Cabrini Learning Center

    0.48 miles

  • Jensen Elementary Scholastic Academy

    0.49 miles

  • Manley High School

    0.52 miles

  • Saint Philip Basilica High School

    0.55 miles

  • Our Lady of Sorrows School

    0.56 miles

  • Dorie Miller Child Parent Center

    0.50 miles

  • Herzl Child-Parent Center

    0.74 miles

  • YMCA Child Care

    0.79 miles

  • Our Lady of Lourdes Child Development Center

    1.19 miles

  • New Zion Childcare Academy

    1.82 miles

  • Adams Street Child Care Center

    1.82 miles

  • Kid City

    2.36 miles

  • Taylor Tots

    2.43 miles

  • Luis Munoz Marin Primary Center

    2.49 miles

  • John & Mary Madden Center

    2.56 miles

Frequently Asked Questions

How much does Homan Square Portfolio cost?

The sale price for Homan Square Portfolio is available upon request. Contact the listing broker for more information.

What is the total square footage of Homan Square Portfolio?

Homan Square Portfolio totals 550,000 square feet.

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Contact Listing Broker
broker
Scott Maesel

SVN | Chicago Commercial