Someone's pockets are $40 million lighter this morning, and if the unnamed buyer of the old Post Office, straddling the Eisenhower, has any buyers remorse, they're not telling anyone. For the rest of us, all we can do is watch the calendar and wait for this anonymous developer to roll up the bulldozers and truck in the slot machines. (If, that is, the inevitable Chicago casino doesn't go to Navy Pier - both scenarios lay even odds with the Chicagoist bookmakers.)
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Results tagged “oldpostoffice”
Continue reading "Friday Flashback: The Ol' Post Office"
Buy this old post office! The auction selling off the old Main Chicago Post Office (433 W. Van Buren) kicks off August 27 and Rick Levin & Associates Inc., which is running the auction, has suggested opening bid of $300,000. Which is cheaper than a helluva lot of condos and houses on the North Side. Of course, we expect to sell for just a little bit more than that. Sure, it's a fixer-upper, but: three million square feet, on the river, easy access to an interstate that, uh, passes underneath it, West Loopish location...[Sun-Times]
Continue reading "What To Do With A Spare $300,000+"
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