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Former Sears Roebuck Building 3333 W Arthington St 239,000 SF Vacant Office Building Chicago, IL 60624 $5,258,000 ($22/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
1905
Price
$5,258,000
Price Per SF
$22
Percent Leased
Vacant
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
Walk Score®
Very Walkable (75)
Transit Score®
Excellent Transit (73)
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,035,839 | |
| Land Assessment | $297,060 | Total Assessment | $3,332,899 |
Property Taxes
Parcel Numbers
Land Assessment
$297,060
Improvements Assessment
$3,035,839
Total Assessment
$3,332,899
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Former Sears Roebuck Building | 3333 W Arthington St
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