Didn't know if this should go in the Boom Rundown yet, but relocate if needed.
https://www.chicagobusiness.com/comm...ry-hits-market
November 24, 2021 09:06 AM
Fulton Market property next to future Guinness brewery hits the market
Another longtime owner is looking to capitalize on investors' big appetite for development sites in the neighborhood.
DANNY ECKER
As Irish beer brand Guinness prepares to open a big brewery in the Fulton Market District, the owner of a property across the street from the future taproom is hoping to cash out and seize investors' voracious appetite for development sites in the trendy corridor.
New to the market this month is the half-acre property at 415-417 N. Sangamon St., according to a flyer from Cushman & Wakefield. Cushman is marketing the site on behalf of a venture led by investor Grey Bemis-Kelley, according to Cook County property records.
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No asking price is listed for the property, which includes a 43,378-square-foot building and an adjacent vacant lot along Sangamon Street between Kinzie Street and a Metra rail line running through the neighborhood. But sources familiar with the offering said bids are expected to be north of $11 million...
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The Cushman flyer includes a conceptual rendering of a building rising roughly 25 stories. (See rendering below.)
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