Auction Details

68 E. Wacker Place, Chicago, IL
Intercontinental O'Hare Hotel, 5300 N. River Road, Rosemont, IL
6/23/2011 11:00:00 AM

TO BE SOLD TO THE HIGHEST BIDDER SUBJECT TO AN ORDER FROM THE UNITED STATES BANKRUPTCY COURT

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Chicago Motor Club Building

This iconic Art Deco building is situated just steps from Chicago's Michigan Avenue and across the river from Trump International Tower.  The building offers perfect views of the river, seven historic drawbridges and an eye-popping urban landscape. 

Designed by renowned architects, Holabird & Root, perfect attention to detail from the magnificent Art Deco entry to the John W. Norton original mural in the lobby, makes this building an authentic architectural treasure situated in the heart of Chicago's bustling downtown.

Vacant land adjacent to this building presents the winning bidder with even more possibilities for expansion.  The property is now completely vacant.  Possible uses include:  hotel, world headquarters, foreign embassy or a mixed-use, high-end commercial or luxury residential development.

- 15-story, 85,190 sq. ft. landmark building
- Adjacent 4,900 sq. ft. vacant land
- Iconic Art Deco tower, preserved in original state
- 40-ft high Art Deco lobby and original art in situ
- Steps from Michigan Avenue shopping and near Millennium Park
- Over $30 million in potential entitlements

SUGGESTED OPENING BID:  $500,000
Cashier's Check Required To Bid:  $200,000

ON-SITE INSPECTIONS
May 19, 26, June 1, 9, 15 & 21
from 10 a.m. to 1 p.m.

A Bidder's Information Package is available for a fee of $200 ($25 for shipping and handling, if applicable) at the scheduled on-site inspections or from our offices.

 

 


 
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