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    Homan Square Redevelopment Opportunity Title is generated by Realmo AI

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

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    Large-scale redevelopment opportunity in Chicago's Homan Square neighborhood.

    Type:Development
    Property size:
    550,000 SF
    Added:
    Nov 21, 2025
    Days on Market:
    181
    Last Refresh:
    Apr 6 at 12:41 am

    Property Features for 3333 W Arthington 3245 W Arthington 3240 W Arthington 3201 W Arthington

    General Information

    Standard status
    Active
    Size
    550,000 SF
    Property subtype
    Development

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    Listing Contact
    Scott R. Maesel
    Scott R. Maesel

    Listing agent Scott R. Maesel License #BK3436826

    Listing office SVN | Chicago - Corporate

    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 - Corporate

    HighLights

    • Large‑scale redevelopment opportunity in Chicago's Homan Square neighborhood.
    • Includes the landmarked former Sears Roebuck and Allstate Headquarters buildings.
    • Potential for multiple tax incentives.
    • Additional land available for parking or ground‑up development.
    • Walking distance to the Kenzie‑Homan CTA Blue Line stop and easy access to I‑290 Expressway.
    • Located in Homan Square, an example of successful revitalization.

    Overview

    This offering features the former Sears Roebuck and Allstate Headquarters buildings located in Chicago's Homan Square neighborhood. The portfolio includes the potential for multiple tax incentives. Purchase options include the full offering of all four assets, the 3333 W Arthington Building (Former Sears Building), and the 3245 W Arthington Building (Former Allstate HQ Building). Additional land is available for parking or ground-up development. The 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, featuring a classical revival façade. The opportunity also includes the 10-story former Allstate Headquarters. The Administration Building was designed and constructed as the executive headquarters for Sears, Roebuck and Co. in 1905 and served that function until 1973. The Administration Building was designated as a Chicago Landmark in 2002. 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. The property is within walking distance to the Kenzie-Homan CTA Blue line stop and provides easy access to the I-290 Expressway.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7232
    Latitude
    41.8807

    FAQs

    What type of property is this?
    Office building - Large-scale redevelopment opportunity in Chicago's Homan Square neighborhood.
    Where is this office building located?
    The property is located at 3333 W Arthington 3245 W Arthington 3240 W Arthington 3201 W Arthington Chicago, IL.
    What are key features of this property?
    This property features: Large‑scale redevelopment opportunity in Chicago's Homan Square neighborhood.; Includes the landmarked former Sears Roebuck and Allstate Headquarters buildings.; Potential for multiple tax incentives.
    More about this property
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