Business & Tech
Old Main Post Office For Sale. . . Again
Chicago's iconic building has been vacant for 18 years.
by Erin Gallagher
In a relationship that lasted slightly longer than Kim Kardashian’s marriage, the developer of the Old Main Post Office wants a divorce.
Owner Bill Davies will put the colossal 2.7 million sq. ft. West Loop building up for sale, according to Crain’s report.
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The Liverpool native now living in Monaco turned down a $150 million offer earlier this year. The building has been vacant for 18 years.
“Chicago developer Sterling Bay stepped away from a joint venture that planned to spend $500 million transforming the existing building,” according to Crains.
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The building, located along the Chicago River, is one of the city’s most visible sites. It sits on 12.6 acres.
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