When you think Chicago real estate, what's the first building that comes to mind?To some, the answer is the Sears Tower, though the skyscraper is actually called the Willis Tower now, but either way, it's the tallest building in Chicago and the nation, and it's for sale.
Its owners, who bought the 110-story tower in Chicago's South Loop in 2004 for approximately $840 million, are looking for help to recapitalize the Chicago real estate icon, which is about $780 million in debt.
Two brokerage firms have been hired to market the four-million-square-foot building for either a partial or full sale.
Want to learn more? Check out our story:
Chicago Real Estate Icon for Sale
And then stay tuned to Chicagoland Real Estate Forum for details as they emerge.
