Homan Square Portfolio | Various Purchase Options
Price on Application
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Classification: DC-Convertible Building
Existing building with industrial characteristics suitable for repurposing
Site Map & Areas
Zoom in and outline the part of the site you care about — a pad, the buildable acreage, a laydown yard. Saved areas carry acreage and perimeter, and can be handed to the Site Viability Report so the analysis is about that ground, not the whole parcel. Imagery outlines are screening inputs, not a survey.
Technical Specifications
- Acreage
- 12.63 acres
- Building Size
- 550,000 SF
- Zoning
- PD-971
Infrastructure Intelligence
Scored using engine v1 · 11/11/2026
Nearest Substation
UNKNOWN22273
Fiber Connectivity
No fiber providers documented for this listing yet.
Infrastructure scores blend nearest-substation distance, voltage, dual-feed status, and known fiber providers. Distances are computed via haversine on HIFLD substation coordinates.
Description
The Homan Square Portfolio presents a rare large-scale redevelopment opportunity in Chicago's revitalized North Lawndale neighborhood, anchored by two substantial former corporate headquarters buildings, a parking structure, and additional development land. The centerpiece is the landmarked 1905 Sears, Roebuck and Company Administration Building, a five-story classical revival masonry structure occupying approximately three-quarters of a city block between South Homan and Spaulding. The portfolio also includes the ten-story former Allstate headquarters building at 3245 W Arthington. Both properties are available individually or as a complete assemblage, with flexible purchase options to accommodate varied development strategies. The site benefits from strong urban infrastructure including walking distance to the Kedzie-Homan CTA Blue Line station and direct access to the I-290 Expressway. Homan Square has undergone significant revitalization since 1988, with successful adaptive reuse projects demonstrating the area's capacity for transformation. The former Sears tower was fully rehabilitated and reopened in 2015, while neighboring parcels have been redeveloped into residential and mixed-use projects. Additional land within the portfolio provides optionality for parking expansion or ground-up construction. Multiple tax incentive programs are potentially available given the historic nature and redevelopment context of the assets.
External listing — imported from crexi. InfraSale does not represent this listing directly. Request full details and due diligence through InfraSale.