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

Also, new landmark district proposed for Near North Side

Mar.March 05, 2019 05:00 PM

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

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]

Related Articles

Ald. Andre Vasquez (40th) and 5500 N. Wolcott Ave. (Credit: Google Maps)

Ald. Vasquez says Temple Steel campus won’t give way to luxury housing

A rendering of the Target warehouse at 3501 S. Pulaski Road and Target CEO Brian Cornell (Credit: Hilco Redevelopment, Target)

Target takes aim at massive warehouse in Little Village

From left: CEO and founder of CA Ventures Thomas Scott, CEOs of WeWork Sebastian Gunningham and Artie Minson, and a rendering of the building

WeWork has troubles, but it also has a new location in River North

The Bolingbrook property along route 53 and Amazon CEO Jeff Bezos (Credit: Google Maps, Getty Images)

Amazon pays $51M for site of former Chicagoland amusement park

Jeff Bezos and the Old Wrigley gum factory at 3535 S. Ashland Avenue (Credit: Getty Images and Google Maps)

Chew on this: Former Wrigley gum factory pitched as potential Amazon warehouse

Peter E. Ricker, Chairman and CEO of MBRE, and 800-810 West Madison Street (Credit: MBRE and Google Maps)

MB Real Estate pays $19M for office building near Fulton Market

W. P. Carey Inc. CEO Jason E. Fox, Pritzker Realty Group founder and Chairman Penny Pritzker, 150 N. Clinton St. (Credit: Google Maps)

WP Carey and Pritzker Realty make big moves in West Loop

1330 West Fulton Street & Intercom CEO and co-founder Eoghan McCabe (Credit: Google Maps)

Intercom messaging platform inks lease expansion in tech-friendly Fulton Market