Wrigley Sells Chewing Gum Factory on Southwest Side

December 18, 2009

Daily Real Estate Updates

sudler-sothebys-logo18 December 2009 Although Wrigley shipped out its last stick of Juicy Fruit gum from a plant at 3535 S. Ashland several years ago, it has now decided to put the factory site up for sale. The 30 acre, 1.3 million square foot plant is being marketed by CB Richard Ellis Group, Inc. for $19 million. Zoning prohibits the property from being developed for residential or retail purposes, but it can be used for light industrial and educational facilities. The site is located in Mayor Daley’s original home 11th ward, and has become an embarrassment for the mayor. Daley is pushing for a quick sale and redevelopment.

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About Katie Anderson

Katie Anderson is a respected and successful broker at Sudler Sotheby's Realty as well as a certified appraiser. She specializes in representing clients who purchase and sell condominiums, town homes, single-family homes and income property in the Chicago land area. In her small amount time in the real estate game (she became an agent in 2003) she has assisted in excess of 400 deals and over $200 million in sales and continues to use her skills as a certified appraiser. Katie resides in Chicago's Bucktown neighborhood with her loving husband and 4-year-old-daughter, where she spends much of her spare time with her family and friends. You can contact her at katie@thechicago77.com or at andersonbraack.com

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One Response to “Wrigley Sells Chewing Gum Factory on Southwest Side”

  1. Lisa R Says:

    I was wondering if it was possible to use this space as a high school or trade school and if TIF money could be used to pay the sale price.