**Offering will be delivered with free and clear title upon sale.** Opportunity to acquire the historic Pittsfield Building (Floors 1 to 12 and 23 to 40) in downtown Chicago Loop, just a block from Millennium Park and along Chicagos historic Jewelers Row. At 40 stories, the Pittsfield Building was the tallest building in Chicago at the time of its design by Graham, Anderson, Probst and White in 1927. Built in the Art Deco and Gothic styles, this asset was designated a Chicago historic landmark in 2002 and includes soaring open spaces with a five-story atrium adorned with brasses and carvings in the Spanish-Gothic style. The Pittsfield Building was originally built as an office building with several floors of jewelry shops and other retail. While there are still some commercial leases in place above, a large portion of the property has been vacated and several floors were converted to residential apartments. The ground floor retail space is currently occupied by Toni Patisserie, Fiancee Jewelry, and the Pittsfield Cafe, which has operated for a number of decades. Additionally, floors 9-12 were carved out for additional residential units in 2009, though units were only built out on floors 10-12, and floor 9 is currently vacant. These apartments are being operated separately. Floors 2-9 were issued a building permit to build a 191 room hotel in late 2015. The hotel has not been built out at this time. In 2008 there was a vertical subdivision that separated floors 13 – 21 into Fornelli Tower, which is currently separately owned and being operated as rental apartments.
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