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Investment Highlights

  • Irreplaceable large-scale, urban infill redevelopment parcel
  • 10 miles from downtown Chicago
  • Exceptional, regional multi-modal transportation connectivity
  • Ideal zoning permits manufacturing, warehousing & logistics use

Executive Summary

Hilco Global presents the sale of Hawthorne Race Course. Operating for over 135 years, the race track can be sold as a going-concern or redevelopment opportunity.

Spanning 108± contagious AC, the property represents a rare, highly-desirable industrially-zoned parcel with a variety of future uses given its prominent location and scale.

Located just south of the Industrial Corridor – Roosevelt/Cicero, this site is one of the largest remaining redevelopment parcels in the Chicagoland area. Combining hard-to- replicate contiguous land mass, immediate highway access and strategic positioning to major transportation infrastructure, this offering presents a compelling opening for modern logistics, distribution, manufacturing or mixed industrial uses in a supply-constrained urban market.

Bids are due by June 26. On-site inspections will be held by appointment only.

Subject to approval by U.S. Bankruptcy Court, Northern District of Illinois (Eastern Division), Petition No. 1:26-bk-03505, In re: Hawthorne Race Course, Inc. Hilco Global in cooperation with Jeff Azuse, IL Broker, Lic. #471.011086.

No representations or warranties of any kind are given by the Disclosing Party with respect to the accuracy, appropriateness or completeness of any information provided herein except to the extent otherwise provided in a written agreement to which the Disclosing Party is a party.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 108.00 AC
Zoning I-2 - Heavy Industrial District

1 Lot Available

Lot

Lot Size 108.00 AC

108± AC Redevelopment Opportunity | Minutes From I-55, Midway Airport, Major Rail Infrastructure & Regional Port Access

Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
  • Listing ID: 40808639

  • Date on Market: 6/5/2026

  • Last Updated:

  • Address: 3501 S Laramie Ave, Cicero, IL 60804

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