3245 W Arthington Chicago, IL 60624
Large-scale redevelopment opportunity near Kedzie-Homan Blue Line CTA Station.
Type:Development
Property size:
292,000 SF- Added:
- Nov 21, 2025
- Days on Market:
- 133
- Last Refresh:
- Apr 2 at 12:40 am
Property Features for 3245 W Arthington
General Information
- Standard status
- Active
- Size
- 292,000 SF
- Property subtype
- Development
Listing agent Scott R. Maesel License #471005379 (312) 676-1860
Listing office SVN | Chicago Commercial (312) 676-1860
Listing date Nov 21, 2025
Source Svnchicago
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SVN | Chicago Commercial
Overview
Redevelopment Opportunity in Homan Square
This portfolio presents an opportunity for redevelopment in Homan Square, Chicago, Illinois. The offering includes the former 11-story Allstate office building at 3245 W Arthington, a parking structure at 3240 W Arthington, and a developable land site at 3201 W Arthington. The portfolio, totaling 292000 square feet, can be purchased as a single unit or divided. The location is four blocks from the Kedzie-Homan Blue Line CTA Station and four blocks from the I-290 freeway, with the Chicago Loop four miles away. Additional land is available for parking or ground-up development. The property is offered for $12 per square foot.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7076
- Latitude
- 41.8695
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Large-scale redevelopment opportunity near Kedzie-Homan Blue Line CTA Station.
Where is this land located?
The property is located at 3245 W Arthington Chicago, IL.
What is the asking price?
The asking price for this property is $8,268,000.
What are key features of this property?
This property features: Large‑scale redevelopment opportunity including an 11‑story former Allstate Headquarters, a parking structure, and land.; Potential for division of the portfolio into separate purchases.; Additional land available for parking or ground‑up development.
