-Great site in very active redevelopment area with a superior location: 2 blocks from 290, the Blue Line, just across 290 from the University of Illinois Chicago Campus, and U of I and Rush Medical Centers and just east of the United Center’s $7B 1901 expansion. -Great opportunity for underserved uses in this immediate area as: Hospitality (especially longer-stay), Senior Housing, Medical, Specialty & Student Housing. -Continued opportunity for multi-family, retail, industrial and office and part of the Near West Side’s expanding retail district with ample street and off-street parking. -Prior prospective purchaser of 1026 West Jackson and certain other property obtained a zoning map amendment changing the Zoning from DS-3 to DR-5, Type 1 for a proposed 11 - story, 54 unit, 129’ tall, multi-family building with parking* along with the ~10,000 SF Site adjacent to the West.