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As of September 2023, the average value of a single-family home in the Chicago area was just over $370,000 — about $20,000 above the U.S. average. But in parts of the area, home prices soar far ...
The State of Illinois was to receive an initial payment of $70 million for the purchase of the property and would still retain 425,000 square feet (39,500 m 2) of office space. [ 21 ] However, in August 2022, Pritzker announced a revised deal in which Alphabet would acquire the building for $105 million.
The Chicago 21 Plan was a comprehensive development plan released in 1973 intended to revitalize the areas surrounding the Chicago Loop, Chicago's central business district. The 125-page document, subtitled "A Plan for the Central Area Communities" was published by the Chicago 21 Corporation, which was made up of members of the Chicago Central ...
2018 Global Finalist, Best Office Building, MIPIM Global Real Estate Awards; 2018 Build Americas Award – National Project of the Year, American Contractors Association; 2017 Top 10 Global Skyscrapers, Dezeen Magazine; 2018 Best New Event Space, Crain's Chicago Business; 2017 Best New Office Tower, Chicago Magazine
It is home to many luxury boutique shops and several flagship retail stores. Within the 60622 zip code, Wicker Park is home to some of Chicago's most expensive real estate with median home prices over $550,000. [6] [7]
111 South Wacker Drive is a high-rise office building located in Chicago, Illinois. Completed in 2005 and standing at 681 feet (208 m), the 51 story blue-glass structure is one of the tallest in the city. It sits on the site of the former U.S. Gypsum Building, one of the tallest buildings in Chicago to be demolished.
With a height of 816.83 feet (248.97 m) and containing 57 stories, [6] [1] it is the tallest all-commercial building in Chicago since Two Prudential Plaza in 1990. [2] Bank of America has committed to leasing 500,000 square feet (46,000 m 2) of office space in the building. [2] Perkins Coie has also signed a lease to the building. [7]
However, with these changes to the plan, the development moved forward. [ 18 ] In April 2019, Mayor-elect Lori Lightfoot told the Chicago Sun-Times that her staff would, during her first post-election weekend, spend time examining the city's 600-page agreement with Sterling Bay regarding the development, believing that the city could reach a ...