3501 S Laramie Ave - Hawthorne Race Course 364,421 SF Sports & Entertainment Building Offered For Sale in Cicero, IL 60804

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.
Chicago stands as one of the world’s premier centers for business and commerce, where unparalleled transportation infrastructure, deep labor pools, institutional capital, corporate leadership and industrial scale converge. As the anchor of the Chicago-Naperville-Elgin MSA, this region is home to approximately 9.3 million residents, a workforce of nearly 5 million, and one of the world’s largest metropolitan economies, with an estimated GRDP of $929 billion in 2025.
Chicago’s central U.S. location and transportation infrastructure make it one of the nation’s most important logistics hubs. The region handles more than 50% of the nation’s rail and intermodal activity and is the largest intermodal container handler in the Western Hemisphere, reinforcing its role as a premier inland port. This logistical advantage is supported by Chicago’s position as the second-largest industrial real estate market in the U.S., with over 1.2 billion SF of industrial inventory. For industrial users, developers and investors, Chicago delivers the rare combination of national distribution reach, skilled labor availability, institutional-quality infrastructure and long-term economic stability—making for a highly strategic opportunity in one of America’s most durable and supplychain- critical markets.
Bids are due by July 10. 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.