Chicago Cheat Sheet: Ameritus and Alcion listing West Loop office building…& more

Also, new landmark district proposed for Near North Side

549 West Randolph Street (Credit: LoopNet)
549 West Randolph Street (Credit: LoopNet)

West Loop office building hitting the market

Ameritus Real Estate Investment Management and Alcion Ventures are seeking around $37 million for an office building at 549 West Randolph Street in the West Loop. Chicago-based Ameritus and Boston-based Alcion paid $19.4 million in 2015 for the seven-story building and then spent $4.6 million on renovations. HFF’s Jeff Bramson, Jaime Fink and Sam DiFrancesca have the listing. [Crain’s]

City to consider new landmark district in Streeterville, River North

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The city’s Commission on Landmarks this week is set to take the first step toward creating a new landmark district to protect 16 former mansions and row homes on the Near North Side. The movement arose in part from Symmetry Development’s plan to demolish historic buildings on Superior Street for hotel and residential tower that was eventually rejected by Alderman Brendan Reilly (42nd). The district also would include Streeterville’s Les Nomades restaurant, a cluster of row houses on Erie Street and a building at 716 North Rush Street. [Curbed]

Kay Shoes closing, owner looking for new tenant

A family-owned shoe store is closing after nearly 50 years in Avondale. Kay Shoes owner Monyca Price Flack said she’s talking to brokers about finding a new tenant for the 11,500-square-foot shop at 2839 North Milwaukee Avenue, preferring to rent it out instead of selling it. She said she decided to close the store because it can no longer compete with e-commerce outlets. [Block Club]