June 17, 2020

Property Tax Recertification Proposed for Former Field's Warehouse in Avondale


A proposal introduced today to the Chicago City Council by Mayor Lori E. Lightfoot would extend a Class 8 property tax certification to support the ongoing redevelopment of the former Marshall Field’s warehouse complex in the Avondale neighborhood. The original Class 8 certification was approved in 2015.

Built as a production and distribution plant by the Olson Rug Company in the 1920s, the 1.5 million-square-foot complex was acquired by Marshall Field & Co. in 1965 and was used as a warehouse. Macy’s Inc. acquired the property in its takeover of Field’s in 2005 and closed it in 2008. It was purchased by 4K Diversey Partners LLC in 2014.

Today, the facility includes a grocery store, self-storage facility, home design showroom, office space, and apartments. Approximately 440,000 square feet remains available for lease.



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