One of Chicago's biggest buildings in one of Chicago's best locations is coming up for sale and the new owners could possibly include residences to fill out the vacant office space.
The Aon Center, the third-tallest building in Chicago located adjacent to the hot area known as the New East Side, will soon be going up for sale according to its owner, Piedmont Office Realty Trust.
It's a total of 2.7 million square feet and looks over Millenium Park. That location, plus the size, could mean a substantial payday for the ownership, which is expecting bids up to $640 million.
But what's particularly intriguing is the possibility that new ownership could convert some of the vacant office space (it's currently 80 percent leased) into additional residences within walking distance of some of the greatest real estate in the city.
Read more at the Crain's here and at Curbed Chicago here.
Image via Wikipedia.